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

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

It can take some time to determine who is responsible for an accident. A lawyer can assist you 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 accident lawsuit-wheeler depends on a variety of factors, including the amount of liability and damages. If the parties involved in the accident are not able to reach an agreement on the their respective faults, this could delay the trial. If there are disputes regarding the evidence or the testimony of witnesses, this can delay the case.

Settlement amounts can vary greatly depending on the extent of injuries and the insurance policy of the trucking firm, and the existing laws and regulations of the federal or state that govern commercial vehicles. It's important to remember that plaintiff lawyers work on a contingency fee basis, meaning that they won't receive compensation unless they win or reach a settlement in the case.

Because of the severe and often catastrophic injuries that result from semi-truck accidents, it's not surprising that these cases are lucrative for the lawyers who handle them. It's common to see settlements in these cases to amount to millions of dollars or more. This is particularly true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. Many of these crashes result in serious injuries and even death. The majority of insurance companies lowball the victims of these accidents by offering settlements that do not reflect the extent of their injuries and damages. However, a skilled attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies in order to obtain their clients the maximum settlements.

The defendants in a lawsuit against an 18-wheeler could be held responsible for a variety of damages, including non-economic and economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages could include emotional distress, disfigurement or reduced quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means that they aren't paid until they are successful and can negotiate a settlement for their client. In the meantime, they need to pay for court costs, conduct depositions, engage experts and other experts, travel and pay for other costs associated with winning a case.

Damages

18-wheeler accidents can lead to serious injuries, particularly when they occur at a high speed. Due to the size and weight of these trucks, the impact can be more severe than a normal motor vehicle accident. The damages could also be more severe.

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

It's not a secret that litigation can be expensive. Attorneys representing plaintiffs must pay for travel, depositions, expert witnesses and court costs. They require the funds of their clients as soon as possible. There are many ways that plaintiffs can receive their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are a myriad of factors that affect the time it takes to settle a truck accident case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before you settle. You may be able to claim future losses, like reduced wages or a decrease in the quality of life. Your lawyer will have to provide evidence to back your claims.

A dispute between two parties over the liability of either party can delay the settlement process. This can happen when there multiple insurance companies involved or the parties are disputing the who was responsible for the incident.

A reputable truck accident lawyer will help you determine if the insurance company is providing you with a fair amount for your case, and whether or not it will pay for all of your future and current losses. If the insurance company isn't willing to negotiate, you could need to file a suit, which can lengthen the duration of the case. In some instances, the case could take more than a year to resolve.

Settlement

There are several factors that can cause a long time to settle a lawsuit involving an 18 wheeler accident-wheeler. This includes the severity of injuries and the insurance considerations that are involved. It can take a while for your doctor to document of permanent impairments that could impact your future losses. Do not settle an accident claim too early, as this could leave you with no money to cover the full amount of losses.

Attorneys representing plaintiffs in cases involving 18 wheeler-related accidents work on contingency fees. They don't get paid until they are successful or reach a settlement. They must pay for court costs and travel expenses as well as expert witness fees throughout the course of the case.

As you can imagine, this could add up to a amount. Many plaintiff attorneys who are 18-wheelers make use of settlement cash advances or lawsuit loans to cover their legal costs out of pocket. This allows them to get the money sooner.