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

The time needed to settle a trucking crash case varies from case to case. There are many factors that can influence the time frame of settlement.

For instance, it could take time to establish who is accountable for the accident. A lawyer can assist you determine all the parties responsible and maximize your settlement.

What to Expect

The time frame for settlement in a lawsuit involving an 18 wheeler accident attorney-wheeler depends on a variety factors, including the amount of liability and damages. The case could be delayed if the parties in the accident cannot agree on the fault. Additionally, if there are any disagreements over evidence or 18 wheeler accident witness testimony, it may take more time to resolve these issues.

Based on the severity of the injuries, the scope of the trucking company's insurance policy and any existing federal or state regulations that govern commercial vehicles, settlement amounts can vary widely. It's important to note that plaintiff lawyers work on a contingency fee basis, meaning that they won't get paid unless they win or reach a settlement in the case.

It's not too surprising that semi-truck accidents are a major source of revenue for attorneys. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. Many of these accidents cause serious injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to secure their clients the maximum settlements.

In a case involving an 18-wheeler the defendants could be held accountable for economic and noneconomic damages. Economic damages could include medical bills, lost wages or future earnings. Non-economic damages could include emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingent basis. This means that they do not receive compensation until their case is resolved and they agree to a settlement with their client. In the meantime, they have to pay for court fees, take depositions and hire experts, other specialists, travel and pay for other expenses that are related to winning the case.

Damages

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

In addition to the medical and property damages that result from a 18-wheeler crash victims could also be entitled to compensation for the loss of wages and 18 wheeler accident grief that is caused by the loss of loved ones. A personal injury lawyer can assist you to determine the full compensation you are entitled to if you are suffering losses as a result of the crash of a semi-truck.

It's not a secret that litigation is expensive. Plaintiff attorneys must pay for depositions, travel, expert witnesses and court costs. They need the money of their clients as quick as they can. There are a variety of ways for plaintiffs to get their money quicker after an agreement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are a myriad of factors that contribute to how long it takes to settle a truck crash case. The severity of your injuries is the primary factor. It is crucial to wait until you have reached the point of maximum medical improvement before making a decision to settle. You could be eligible to claim future losses, such as lost wages or the lower quality of life. Your lawyer will have to present evidence to support your claims.

A dispute between the parties regarding the liability of either party can delay the settlement process. This could happen when several insurance companies are involved, or the parties are not able to agree on who is at fault.

A reputable truck accident attorney can help you determine whether the insurance company offers you an amount that is fair and if it will be able to cover your future and current damages. If the insurance company is not willing to negotiate, you may have to file a lawsuit which could extend the duration of the case. In certain instances it could take longer than a year to settle.

Settlement

There are a variety of factors that can dramatically extend the time frame required for an 18-wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance considerations involved. It could take some time for your doctor's records to identify permanent impairments that could impact your future losses. It is not advisable to settle an injury claim too quickly, as it could result in you not having enough money to cover all damages.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fees and don't get paid until they prevail or reach an agreement. They must pay for court costs along with travel and expert witness fees throughout the trial.

As you are able to imagine, this can be quite costly. Many plaintiff attorneys who are 18-wheelers make use of settlement cash advances or lawsuit loans to cover their legal expenses out of pocket. This lets them receive the funds earlier.