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

The time required to settle a truck crash situation varies from case to the next. There are many factors that could affect the speed of settlement.

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

What to Expect

The timeframe for settling in an 18 wheeler lawsuit is dependent on many factors which include the amount of liability and damages. The case could be delayed if the parties to the accident cannot agree on the cause of the accident. In addition, if there are any disagreements regarding the evidence or law witness testimony the process could take longer time to resolve these issues.

Settlement amounts vary in proportion to the severity of injuries, the insurance policy of the trucking company and the laws and regulations of the federal or state that govern commercial vehicles. It's important to note that plaintiff lawyers are paid on a contingency basis, meaning that they don't get paid until they prevail or reach a settlement in a case.

Due to the serious and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these types of cases are lucrative for the lawyers who handle them. Settlements can often reach millions of dollars in these cases. This is especially true if the trucking company is considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. Many of these crashes result in serious injuries or death. Insurance companies often underestimate the damage and injuries suffered by victims in these accidents. A reputable 18 wheeler accident lawyer can negotiate with big insurance companies to secure the best settlement for their clients.

The defendants in an 18 wheeler lawsuit may be held liable for several types of damages, such as economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages may include pain and suffering as well as emotional distress, disfigurement and diminished quality of living.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, meaning that they don't get paid until they succeed in their case and negotiate an agreement for their client. They must pay court fees, hire experts, other specialists, travel and other expenses associated with winning the case.

Damages

18 wheeler accidents can result in severe injuries, particularly if they are high-speed crashes. Due to the size and weight of these trucks, the impact can be more devastating than a typical motor vehicle accident. This means that the damages could be more extensive as well.

In addition to the medical and property damages that may result from an 18-wheeler collision victims could also be entitled to compensation for lost wages and the grief that is caused by the loss of loved ones. If you've suffered losses as a result of a semi-truck accident A personal injury lawyer can help you determine all of the compensation you could be entitled to receive.

It's not a secret that litigation can be expensive. Plaintiff attorneys must pay for travel expenses for depositions, travel to court, hire expert witnesses, and cover costs for court, so they need their clients' money as fast as possible. There are several ways plaintiffs can receive their money quicker after a settlement. These are called post settlement advances, lawsuit loans, or settlement cash advances. They are a great option for those who have suffered injuries and need to cover their expenses while waiting for their settlement.

Timeline

There are many elements that determine the time it takes to settle a truck accident case. The severity of your injuries is an important factor. It is essential to wait until you've reached maximum medical improvement before making a decision to settle. You may be able claim future losses, such as lost wages or the lower quality of life. Your lawyer will have to provide evidence to support your claims.

Another reason that could delay the process of settlement is a dispute between two parties over liability or damages. This can often happen when there are several insurance companies involved or the parties are arguing about who is responsible for the accident.

A qualified truck accident lawyer will help you determine if the insurance company is providing you with an adequate amount for your claim and whether or it will be able to cover all of your current and future losses. If the insurance company isn't willing to negotiate, you could need to file a lawsuit which could extend the duration of the lawsuit. In some cases, the case could take more than a year to resolve.

Settlement

There are several things that can drastically alter the time frame required for an 18 wheeler accident attorney wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance implications. It may also take a while for your doctor to provide evidence of permanent impairments that could impact your future losses. It is not advisable to settle a claim for an accident too early, as this could leave you without a sufficient amount to cover all losses.

Attorneys representing plaintiffs who litigate in 18-wheeler collisions are paid on a contingency fee basis and do not get paid until they win or reach a settlement. This means they have had to spend their own money to cover the costs of court, travel, and expert witness expenses all during the course of this case.

As you can imagine this can add up to quite a large amount. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket in order to receive the money they are owed sooner.