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

The time needed to settle a trucking accident instance can vary from case to case. The timeline for 18 wheeler accident attorney settlement can be affected by several factors.

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

What to Expect

The timeframe for settling in a case involving an 18-wheeler is contingent on a variety of factors such as the amount of liability and damages. The case may be delayed if parties to the collision do not reach an agreement on who is responsible. If there is a dispute over the evidence or testimony of witnesses, this could also delay the case.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and the existing state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning that they won't get paid until they win or reach a settlement in the case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents, it's not a surprise that these cases are huge business for attorneys who handle them. Settlements can often reach millions of dollars in these cases. This is particularly true when the trucking company has been found to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheeler accident wheelers across the United States. Many of these accidents cause serious injuries and even death. In many cases, insurance companies reduce the victims of these accidents with settlements that do not reflect the full extent of their injuries and the damages. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies to ensure that they offer their clients the most lucrative settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means that they don't get paid until they prevail and agree to an agreement for their client. They must pay court fees, hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

18 wheeler accidents can lead to serious injuries, especially when they're high-speed crashes. Due to the size and weight of these trucks, the impact could be even more devastating than a typical motor vehicle accident. This means that the damage could be higher as well.

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

The cost of litigation can be high. Plaintiff attorneys must pay for things like travel, take depositions, hire expert witnesses, and pay court costs, which is why they must get their clients' money as soon as possible. Fortunately, there are ways for plaintiffs to get their money faster following an agreement. These are known as post-settlement advances, 18 wheeler accident attorney lawsuit loans or settlement cash advances. They are a great choice for those who have suffered injuries and need to cover their expenses while they await their settlement.

Timeline

There are a variety of factors that contribute to how long it takes to settle a truck accident case. One of the major factors is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before you settle. You may be able to claim future losses, such as lost wages or diminished quality of living. Your lawyer will have to present evidence to support your claims.

Another factor that can prolong the process of settlement is a dispute between two parties over liability or damages. This can happen when multiple insurance companies are involved, or the parties disagree on who is responsible.

An experienced truck accident lawyer can assist you in determining whether the insurance company will offer you an amount that is fair and if it will cover future and present damages. If the insurance company is unwilling to negotiate, it might be necessary to file a lawsuit which can extend time for the case. In some cases it may take at least a year to settle the case.

Settlement

There are several things which can significantly extend the time it takes for an 18-wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two of the factors that can impact the timeline. It could take time for your doctor to submit documentation of permanent impairments that could impact your future losses. It is crucial to not settle your claim for an accident too early as it can result in you not receiving the funds you're entitled to for the full extent of your damages.

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

As you might imagine, this could add up quite a bit. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as settlement cash advances) to cover their out-of-pocket legal expenses to be able to collect the money they're owed sooner.