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

The time required to settle a trucking crash situation can differ from case to case. The time frame for settlement could be affected by a number factors.

It could take several months to determine who is accountable for an accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The time frame for settling of a 18-wheeler lawsuit is dependent on many factors, including the liability and damages. The case may be delayed if the parties in the collision cannot agree on the fault. If there are disagreements about the evidence or testimony of witnesses, this may delay the proceedings.

Settlement amounts can be wildly different according to the severity of injuries, the insurance policy of the trucking firm and the current laws and regulations of the federal or state that govern commercial vehicles. Remember that plaintiff lawyers are paid on the basis of a contingency. This means they are not paid until they are successful in a case or agree to a settlement.

It's not surprising that semi-truck accidents are a major source of revenue for lawyers. Settlements can often reach millions of dollars in these cases. This is especially true when the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. A lot of these truck accidents result in serious injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to secure their clients the highest settlements.

In a lawsuit brought against an 18-wheeler, the defendants may be held liable for non-economic and economic damages. Economic damages may include medical bills, wages lost and future earnings. Non-economic damages may include pain and suffering as well as emotional distress, disfigurement and a lower quality of life.

Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until the case is settled and 18 Wheeler accident attorney they reach a settlement with their client. They must pay court costs, hire experts, other specialists, travel and other costs associated in winning the case.

Damages

18-wheeler accidents could cause serious injuries, particularly when they occur at high speed. Due to the weight and size of these trucks, the impact of an accident can be more severe than a typical motor vehicle crash. This means that damages can be more extensive as well.

In addition to the physical and medical damage that can result from an 18 wheeler accident lawyer wheeler crash victims may also be eligible for compensation for their lost wages and the grief caused by the loss of a loved one. If you have experienced losses as a result of a semi-truck accident, a personal injury lawyer can help you determine all of the compensation that you are entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs must pay for travel expenses, take depositions, hire expert witnesses, and cover court costs, which is why they must receive their clients' cash as soon as they can. There are several ways plaintiffs can receive their funds faster after a settlement. These are known as post settlement advances or lawsuit loans. These are a great option for those who have suffered injuries and need to cover their expenses while waiting for their settlement.

Timeline

There are a variety of factors that affect the time it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is crucial to wait until you've reached the point of maximum medical improvement before making a decision to settle. You could be eligible for future losses, for example, loss of wages or a lower standard of life. Your attorney will need to present evidence to support your claims.

A dispute between the parties over damages or liability can also delay the settlement process. This can often happen when there multiple insurance companies involved or the parties are arguing over who is responsible for the incident.

A reputable truck accident attorney can help you determine if the insurance company will offer you a fair amount and if it will pay for future and current damages. If the insurance company isn't willing to compromise, you may have to file a lawsuit which could extend the time frame of the case. In some cases, it could take an entire year or more to finish the case.

Settlement

There are a few things which can cause the longest time to settle a lawsuit involving an 18-wheeler. This is due to the severity of the injuries and the insurance considerations involved. It can take a while for your doctor to provide evidence of permanent impairments that could affect your future losses. It is important that you never settle your claim too early, as it could leave you without the money you need to recover for the full range of losses.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fees. They aren't paid until they prevail or reach a settlement. They are required to pay court costs as well as travel expenses and expert witness fees during the course of a case.

As you could imagine, this can be quite costly. A lot of plaintiff attorneys with 18 wheels make use of settlement cash advances or lawsuit loans to cover the legal expenses they incur out of pocket. This allows them to get their money earlier.