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

The time it takes to settle a trucking crash instance can vary from case to case. There are a number of variables that can affect the length of time to settle.

It can take some time to determine who is responsible for an accident. An attorney can help identify all the liable parties and maximize the amount you receive.

What to Expect

The timeline for a settlement of a lawsuit against an 18-wheeler depends on many factors including the possibility of liability and damages. The case could be delayed if the parties involved in the collision are not able to agree on fault. If there are disagreements over the evidence or testimony of witnesses, this may delay the proceedings.

Settlement amounts vary according to the severity of injuries, the insurance policy of the trucking firm and the current laws and regulations of the federal or state that regulate commercial vehicles. It's important to note that plaintiff lawyers are paid on a contingency basis, which means they don't get paid until they win or reach a settlement in the case.

Due to the serious and often fatal injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are lucrative for the attorneys who handle them. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking company is deemed negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. Many of these truck accidents result in serious injuries and even death. Most often, insurance companies make it difficult for victims of these accidents with settlements that do not reflect the full extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these large insurance companies to get their clients the highest settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, meaning that they don't receive any money until they succeed in their case and negotiate an agreement with their client. In the meantime, they must pay for court fees, take depositions, employ experts and other specialists, travel, and pay for other costs related to winning the case.

Damages

18-wheeler accidents can result in serious injuries, especially if they occur at high speed. The effects of an 18-wheeler collision can be more severe because of its weight and size. The damages can also be higher.

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

It's no secret that litigation can be expensive. Attorneys representing plaintiffs must pay for travel expenses for depositions, travel to court, hire experts to testify, and pay for court costs, so they need their clients' money as soon as they can. There are ways that plaintiffs can receive their money faster following an agreement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to cover expenses while they wait on their settlement.

Timeline

There are a variety of factors that influence the time it takes to settle a truck accident case. The severity of your injuries is a major factor. It is essential to wait until you have reached the point of maximum medical improvement before making a decision on settlement. This is because you may be eligible to claim future losses, such as lost wages or diminished quality of life. In addition, your attorney will require evidence to support these claims.

Another factor that can prolong the settlement process is a dispute between two parties about liability or damages. This can happen when there are several insurance companies involved or the parties disagree on who was at fault for the incident.

A qualified truck accident lawyer can assist you in determining if the insurance company is offering a fair amount to settle your case and whether or not it will take care of all your future and current losses. If the insurance company is unwilling to negotiate, it might be necessary to file a lawsuit, which could extend the time frame for the case. In certain situations, it could take an entire year or more to finish the case.

Settlement

There are many things that can significantly lengthen the time frame required for an 18 wheeler accident-wheeler lawsuit to reach a settlement. The severity of the injuries as well as insurance considerations are two of the factors which can influence the length of time. It can take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. It is essential to not settle your claim for an accident in a hurry, as it may leave you without the money you'll need to recuperate your full range of injuries.

Attorneys who represent plaintiffs in 18 wheeler-related accidents work on contingency fees. They don't get paid until they win their case or reach a settlement. They have to pay for court costs and travel expenses as well as expert witness fees during the course of the case.

As you can imagine, this can add up to quite a large amount. 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 get their money earlier.