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

The time needed to settle a trucking accident case can vary from case to case. The length of time for settlement may be affected by many factors.

It can take an extended time to determine who is accountable for an 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 involving an 18-wheeler is contingent on a variety of factors, including the liability and damages. The case may be delayed if the parties involved in the collision do not agree on the cause of the accident. If there are disagreements over the credibility of witnesses or evidence of witnesses, this can delay the trial.

Settlement amounts can differ greatly depending on the extent of injuries, the insurance policy of the trucking firm and the federal or state regulations that regulate commercial vehicles. It's important to remember that plaintiff lawyers work on a contingency fee basis, which means they don't get paid until they win or settle the case.

It's not a surprise that semi-truck accidents are a lucrative business for lawyers. Therefore, it's not common to see settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking company is declared to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these accidents cause serious injuries and even death. Insurance companies often undervalue 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 massive insurance companies to secure their clients the most lucrative settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means they aren't paid until they prevail and agree to an agreement for their client. In the meantime, they must pay for court costs, conduct depositions, engage experts and other specialists, travel and pay for any other expenses associated with winning the case.

Damages

18 wheeler accident wheeler accidents can result in severe injuries, especially when they're high-speed accidents. The consequences of an accident involving an 18-wheeler could be more than normal because of its weight and size. This means that damages can be more severe as well.

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

It's no secret that litigation is expensive. Attorneys representing plaintiffs have to pay for travel, depositions, expert witnesses, and court costs. They require the funds of their clients as fast as they can. There are many ways for plaintiffs to get their money quicker after settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for those injured and need to cover their expenses while they await their settlement.

Timeline

Many factors influence the time required to settle an accident case involving trucks. The most important factor is the severity of your injuries. It is best to wait until your condition has improved to the maximum before making a decision on settlement. You could be eligible for future losses, like loss of wages or a lower standard of life. Your lawyer will have to provide evidence to back your claims.

A dispute between the parties about the liability or damages could delay the settlement process. This can occur when there are multiple insurance companies involved, or if the parties disagree on the who was responsible for the accident.

A qualified attorney for truck accidents can help you determine whether the insurance company offers you a fair amount and if it will be able to cover your future and current damages. If the insurance company is not willing to negotiate, you could need to file a lawsuit, which can lengthen the time frame of the case. In some cases the case may take longer than a year to settle.

Settlement

There are a variety of factors which can significantly extend the timeline it takes for an 18-wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations that are involved. It could take time for your doctor to provide documentation of permanent impairments that could impact your future losses. You should never settle a claim for an accident too quickly, as it could leave you with no money to cover all damages.

Plaintiff attorneys who handle 18 wheeler-related accidents work on contingency fees. They don't get paid until they win their case or reach a settlement. This means 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 could imagine, this can add up quite a bit. 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.