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

The time required to settle a truck accident case varies from one to the next. The timeline for settlement can be affected by many factors.

It could take an extended time to determine who is accountable for an accident. An attorney can help determine the responsible parties and maximize the amount you receive.

What to Expect

The time frame for settlement in an 18 wheeler lawsuit is dependent on many factors including the amount of the liability and damages. If the participants in the crash are not able to reach an agreement about responsibility, this could greatly delay the process. If there are disputes over the credibility of witnesses or evidence of witnesses, this may delay the trial.

Depending on the extent of the injuries, as well as the size of the insurance policy of the trucking company and the existing state or federal regulations governing commercial vehicles, settlement amounts may vary widely. It is important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning that they won't get paid until they win or reach a settlement in the case.

It's no surprise that semi-truck accident cases are a huge business for attorneys. Settlements can reach millions of dollars in these cases. This is especially true when the trucking company is considered to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these crashes result in serious injuries or death. Insurance companies often undervalue the injuries and damages of victims in these accidents. However, a reputable attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these huge insurance companies to get their clients the maximum settlements.

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

Attorneys who represent plaintiffs in 18 wheeler accident lawsuit wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until their case is won and they agree to a settlement with their client. In the meantime, they must cover court costs, take depositions, hire experts and other specialists, travel and pay for any other expenses required to win the case.

Damages

18-wheeler accidents can lead to serious injuries, especially if they happen at high speeds. Due to the size and weight of these trucks, the impact of an accident can be more devastating than a typical motor vehicle crash. The damage can be more extensive.

In addition to the property and medical damage that could result from an 18-wheeler accident, victims can also receive compensation for the loss of their earnings and the pain caused by the loss of loved ones. If you've suffered losses from a semi truck accident an attorney for personal injury will help you determine all of the compensation you could be entitled receive.

It's not a secret that litigation is expensive. Plaintiff attorneys must pay for depositions, travel, expert witnesses, and court costs. They must receive the money of their clients as soon as possible. There are ways for plaintiffs to get their money sooner after an agreement. These are referred to as post-settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to pay expenses while waiting on their settlement.

Timeline

A variety of factors affect the length of time required to settle an accident case which involves the truck. The severity of your injuries is the primary factor. It is important to wait until you've reached the point of maximum medical improvement before making a decision to settle. You may be able to claim future losses, such as reduced wages or a decrease in the quality of life. Your attorney will need to provide evidence to back your claims.

Another factor that can prolong the process of settlement is a dispute between two parties over liability or damages. This is often the case when there are several insurance companies involved, or if the parties are arguing about who is responsible for the incident.

An experienced truck accident lawyer can help you determine whether the insurance company is willing to pay an adequate amount and whether it will pay for future and current damages. If the insurance company is not willing to compromise, you may require a lawsuit, which can lengthen the time frame of the case. In some instances, the case could take more than a full year to resolve.

Settlement

There are several things that can drastically alter the timeline it takes for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance considerations involved. It may also take some time for your doctor's report to identify permanent impairments that could impact the future loss you suffer. It is crucial to never settle your accident claim too early, as it could result in you not receiving the funds you'll need to cover the full range of losses.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fee and don't get paid until they prevail or reach an agreement. They are required to pay court costs and travel expenses as well as expert witness fees during the course of a case.

As you might imagine, this could add up quite a bit. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to offset their legal costs out of pocket. This allows them to get their money earlier.