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

The time required to settle a trucking crash instance can vary from case to case. The length of time for settlement may be affected by a variety of factors.

For instance, it might take some time to determine who is liable for the accident. A lawyer can help you determine all the parties responsible and maximize your settlement.

What to Expect

The timeframe for settling of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the liability and damages. If the parties involved in the incident are unable to come to an agreement about who is at fault, it could delay the process. Furthermore, if there is any disagreements over witness testimony or evidence and testimony, it could take longer time to resolve these issues.

Depending on the extent of the injuries, as well as the size of the insurance policy of the trucking company and existing state or federal regulations governing commercial vehicles, settlement amounts may vary widely. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means that they are not paid until they are successful in a case or agree to an agreement.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's not a surprise that these cases are lucrative for the attorneys who handle them. It's unusual to see settlements in these cases to amount to millions of dollars or more. 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 across the United States. Many of these crashes result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. However, a reputable attorney for 18 wheeler accidents can level the playing field and negotiate with these big insurance companies to ensure that they offer their clients the most lucrative settlements.

The defendants in a lawsuit against an 18 wheeler accident attorney-wheeler may be held liable for various damages including economic and non-economic damages. Economic damages could include medical bills, lost wages, and future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement and reduced quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid 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 must pay court costs, attend depositions and hire experts, other specialists, travel, and pay for other expenses that are associated with winning a case.

Damages

18 wheeler accidents can result in severe injuries, particularly if they are high-speed crashes. Due to the weight and size of these trucks, the impact can be even more severe than a normal motor vehicle accident. This means that the damages could be higher as well.

In addition to medical and property damages that can result from an 18-wheeler collision, victims may also be entitled to compensation for lost wages and grief that is caused by the loss of a loved. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to when you have suffered losses due to an accident involving a semi truck.

The cost of litigation can be high. Attorneys representing plaintiffs have to pay for things like travel and depositions, as well as hire expert witnesses, and pay court costs, so they need their clients' money as soon as possible. There are ways that plaintiffs can get their money faster after settlement. These are known as post settlement advances or lawsuit loans. These are an excellent option for those who have suffered injuries and need to cover their expenses while they await their settlement.

Timeline

Many factors influence the length of the time it takes to settle an accident case that involves a truck. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before making a decision on settlement. You could be eligible to claim future losses, such as reduced wages or a decrease in the quality of living. Your attorney will need to prove your claims.

A dispute between two parties over damages or liability can also delay the settlement process. This can occur when multiple insurance companies are involved or the parties do not agree on who is at fault.

A reputable truck accident attorney will help you determine if the insurance company offers you an adequate amount and whether it will be able to cover your future and current damages. If the insurance company isn't willing to compromise, you may have to file a lawsuit and this can extend the time frame of the case. In certain cases it could take an entire year or more to finish the case.

Settlement

There are a few factors which can cause an extended time to settle a 18-wheeler lawsuit. This includes the severity of injuries and the insurance implications. It could take some time for your doctor's report to demonstrate permanent impairments, which could impact the future loss you suffer. It is important that you never settle your accident claim too early because it could result in you not receiving the funds you'll need to cover the full extent of your losses.

Attorneys representing plaintiffs in cases involving 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 during the course of the case.

As you can imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also known as settlement cash advances) to offset their legal costs out-of-pocket in order to receive the money they owe sooner.