How Long Does It Take to Settle an 18 Wheeler Lawsuit?

The time needed to settle a trucking crash case can vary from case to case. There are a number of factors that affect the length of time to settle.

It can take some time to determine who is accountable for an accident. A lawyer can assist you determine the responsible parties and maximize the settlement.

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit depends on a variety factors such as liability and damages. The case may be delayed if parties to the collision do not agree on the fault. If there is disagreement about the evidence or testimony of witnesses, this could delay the trial.

Settlement amounts can differ greatly dependent on the severity of injuries and the insurance policy of the trucking company, and the existing state or federal regulations that regulate commercial vehicles. It's important to note that plaintiff attorneys work on a contingency fee basis, meaning they don't get paid until they win or reach a settlement in the case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents, it's no surprise that these types of cases are big business for the lawyers who handle them. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking company has been declared to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries and even death. Most often, insurance companies lower the cost of victims of these accidents with settlement offers that don't reflect the full extent of their injuries and the damages. However, a good attorney for 18 wheeler accident lawyer wheeler accidents can even the playing field and negotiate with these large insurance companies to ensure that they offer their clients the most lucrative settlements.

In an 18-wheeler lawsuit the defendants could be held liable for non-economic and economic damages. Economic damages may include medical bills, lost wages, and future earnings. Non-economic damages could include emotional distress, disfigurement, 18 wheeler Accidents and diminished quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they do not receive compensation until their case is settled and they reach a settlement with their client. In the meantime, they need to cover court costs, take depositions, engage experts and other specialists, travel and pay for other costs required to win the case.

Damages

18 wheeler accidents can result in severe injuries, particularly when they're high-speed crashes. The effects of an 18-wheeler collision can be more serious due to its size and weight. This means that damages can be more extensive as well.

In addition to medical and property damages that result from an 18-wheeler collision, victims may also be entitled to compensation for the loss of earnings and 18 Wheeler Accidents grief caused by the death of loved ones. A personal injury lawyer can help you determine the amount of compensation you are entitled to if you are suffering losses as a result of an accident involving a semi truck.

The costs of litigation can be quite high. Attorneys representing plaintiffs have to pay for travel expenses and depositions, as well as hire expert witnesses, and pay costs for court, so they need their clients' funds as quickly as possible. There are a variety of ways that plaintiffs can get their money faster after a settlement. These are known as post settlement advances or lawsuit loans. These are an excellent option for injured parties who require to cover their expenses while they await their settlement.

Timeline

There are many factors that affect the the time it takes to settle a case involving trucks. The severity of your injuries is a major factor. It is essential to wait until you've reached the point of maximum medical improvement before making a decision on settlement. You could be eligible to claim future losses, including loss of wages or a lower standard of living. Your lawyer will have to prove your claims.

Another factor that can lengthen the process of settlement is a dispute between parties regarding liability or damages. This could happen when several insurance companies are involved, or the parties disagree about who is responsible.

A qualified attorney for truck accidents can help you determine whether the insurance company is willing to pay a fair amount and if it will pay for future and current damages. If the insurance company isn't willing to negotiate, you could need to file a suit, which can lengthen the timeline of the case. In certain cases it could take an entire year or more to settle the case.

Settlement

There are several things that can drastically alter the time frame required for an 18 wheeler accident wheeler lawsuit to reach a settlement. The severity of the injuries as well as insurance considerations are two elements that can impact the timeline. It can also take time for your doctor to document of permanent impairments that could affect your future losses. It is important that you not settle your claim for an accident too early as it can result in you not receiving the funds you need to recover for the full extent of your injuries.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents work on contingency fees. They aren't paid until they succeed in their case or negotiate a settlement. They must pay for court costs as well as travel expenses and expert witness fees throughout the course of the case.

As you can imagine this could add up to a amount. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also known as settlement cash advances) to help offset their legal costs out-of-pocket to get the money they owe sooner.