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

The time it takes to settle a truck accident case varies from one to the next. The timeline for settlement can be affected by many factors.

For instance, it could take time to establish who is accountable for the accident. A lawyer can help identify all the parties at fault and maximize your settlement.

What to Expect

The time frame for settling of a lawsuit against an 18-wheeler depends on many factors, including the amount of liability and damages. If the participants in the crash are unable to reach an agreement on fault, this can greatly delay the trial. If there is a dispute about the evidence or testimony of witnesses, it could delay the case.

Depending on the extent of the injuries, as well as the size of the insurance policy of the trucking company and any existing federal or state regulations governing commercial vehicles settlement amounts can be wildly different. It's important to note that plaintiff lawyers work on a contingency fee basis, meaning that they don't get paid until they prevail or reach a settlement in a case.

Due to the serious and often fatal injuries that result from semi-truck accidents it's not a surprise that these cases are big business for the lawyers who handle them. Therefore, it's not unusual for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these truck accidents cause serious injuries and even death. Often, insurance companies will lowball the victims of these accidents by offering settlements that do not reflect the extent of their injuries and the damages. A good 18 wheeler accident lawyer can negotiate with big insurance companies and negotiate the most favorable settlement for their clients.

The defendants in a case involving an 18 wheeler may be held liable for various types of damages, including non-economic and economic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages include suffering and pain and emotional distress, disfigurement, and a diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingent basis. This means that they don't receive compensation until their case is resolved and they negotiate a settlement with their client. In the meantime, they need to pay for court costs, conduct depositions, engage experts and other experts, travel and pay for other expenses that are required to win a case.

Damages

18 wheeler accidents can result in serious injuries, especially if they are high-speed crashes. The effects of an 18-wheeler collision is more serious because of its size and weight. This means that the damage could be more extensive as well.

In addition to the medical and property damages that result from a collision with an 18-wheeler victims could be able to claim compensation for the loss of earnings and grief that is caused by the loss of a loved. If you've suffered losses from a semi truck accident, a personal injury lawyer can assist you in determining all of the compensation that you could be entitled to receive.

It's no secret that litigation can be costly. Attorneys representing plaintiffs have to pay for things like travel for depositions, travel to court, hire expert witnesses, and pay costs for court, so they must get their clients' cash as soon as possible. There are several ways plaintiffs can receive their money quicker after settlement. 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 many elements that determine how long it takes to settle a truck accident case. The severity of your injuries is a major factor. It is important to wait until you have reached your maximum level of medical improvement before making a decision on settlement. This is because you may be able to claim future losses, such as lost wages and diminished quality of life, and your attorney will require evidence to support these claims.

Another factor that can prolong the settlement process is a dispute between two parties over the liability of damages or liability. This is often the case when multiple insurance companies are involved, or the parties disagree about the fault of one party.

A qualified attorney for truck accidents can assist you in determining whether the insurance company is willing to pay an amount that is fair and if it will pay for future and current damages. If the insurance company refuses to negotiate, it might be required to file a lawsuit, which could extend time for the case. In some cases it could take more than a full year to resolve.

Settlement

There are a variety of factors that can dramatically extend the time it takes for an 18 wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two factors which can influence the length of time. It may also take a while for your doctor to submit documentation of permanent impairments that could affect your future losses. It is vital to never settle your accident claim in a hurry, as it may result in you not receiving the funds you'll need to cover the full extent of your damage.

Attorneys who represent plaintiffs in 18-wheeler collisions are paid on a contingency basis and do not get paid unless they win or agree to a settlement. This means that they've had to put aside their own money to pay for court costs, travel and expert witness expenses during the this case.

As you can imagine, this can add up to a large amount. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also called lawsuit loans or settlement cash advances) to help offset the legal costs they incur out of pocket so that they can get the money that they are owed sooner.