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

The time it takes to settle a trucking crash case can vary from case to case. The timeframe for settlement can be affected by many factors.

It could take an extended time to determine who is accountable for an accident. A lawyer can help identify the responsible parties and maximize the settlement.

What to Expect

The time frame for settlement of an 18-wheeler lawsuit depends on a myriad of factors, including the amount of liability and damages. The case may be delayed if the parties to the accident cannot reach an agreement on who is responsible. If there are disputes regarding the evidence or the testimony of witnesses, it could delay the trial.

Settlement amounts can vary greatly dependent on the severity of injuries and the insurance policy of the trucking firm and the current state or federal regulations that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of a contingency. This means that they do not get paid until they win a case or reach a settlement.

Because of the severe and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these cases are big business for the attorneys who litigate them. In this way, it's not unusual to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. Many of these accidents cause severe injuries and even death. Often, insurance companies will lower the cost of victims of these accidents with settlement offers that do not reflect the extent of their injuries and damages. However, a good 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to get their clients the most lucrative settlements.

The defendants in a case involving an 18 wheeler could be held accountable for several types of damages including economic and non-economic damages. The economic damages can be medical bills, lost wages and future earnings. Non-economic damages can include pain and suffering as well as emotional distress, disfigurement, and a lower quality of life.

Plaintiff attorneys who handle 18 wheeler accident lawsuits wheeler cases are paid on a contingency basis, which means that they don't receive any money until they are successful and can negotiate an agreement with their client. They must pay court costs, hire experts, other specialists, travel and other expenses associated in winning the case.

Damages

18-wheeler accidents can result in serious injuries, particularly when they occur at high speed. Due to the size and weight of these trucks, the impact may be more severe than a regular motor vehicle crash. This means that the damage could be higher as well.

In addition to medical and property damage that could result from an 18-wheeler collision victims could also be entitled to compensation for the loss of wages 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 will help you determine all of the compensation that you may be entitled to receive.

The costs of litigation can be quite high. Plaintiff attorneys must pay for travel expenses to take depositions, pay expert witnesses, and cover costs for court, so they require their clients' money as fast as possible. Fortunately, there are ways for plaintiffs to get their money quicker after the settlement. These are referred to as post settlement advances, lawsuit loans, or settlement cash advances. These are an excellent way for injured parties to pay expenses while they wait on their settlement.

Timeline

A variety of factors affect the amount of the time it takes to settle an accident case that involves a truck. The severity of your injuries is a significant factor. It is important to wait until you've achieved your maximum medical improvement before making a decision to settle. This is due to the fact that you may be eligible to claim future losses, such as lost wages or a diminished quality of life. In addition, your attorney will require evidence to prove these claims.

Another factor that can lengthen the settlement process is a dispute between parties regarding liability or damages. This is often the case when multiple insurance companies are involved, or the parties do not agree on who is responsible.

A qualified attorney for truck accidents can assist you in determining whether the insurance company is willing to pay a fair amount and if it will cover your current and future damages. If the insurance company refuses to negotiate, it could be necessary to file a lawsuit which can extend the timeline for the case. In certain situations it may take an entire year or more to finish the case.

Settlement

There are a few things that can cause the longest time to settle a lawsuit involving an 18-wheeler. The extent of the injuries and insurance considerations are two aspects that can affect the timeline. It can also take time for your doctor to provide evidence of permanent impairments that could impact your future losses. Do not settle an injury claim too quickly, as it could result in you not having enough money to cover all losses.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a contingency fee basis and do not get paid unless they win or reach a settlement. This means that they've to invest their own money to pay for court costs, travel and expert witness costs all during the course of the case.

As you could imagine, this can add up quite a bit. Many 18-wheeler plaintiff lawyers utilize settlement cash advances or lawsuit loans to cover the legal expenses they incur out of pocket. This allows them to access the funds sooner.