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

The time required to settle a trucking crash situation can differ from case to case. The timeline for settlement can be affected by many factors.

It can take several months to determine who is responsible for an accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit depends on a variety factors such as the amount of liability and damages. The case may be delayed if the parties in the collision are not able to reach an agreement on who is responsible. In addition, if there are any disputes over witnesses' testimony or evidence and testimony, it could take longer time to solve these issues.

Settlement amounts can differ greatly dependent on the severity of injuries, the insurance policy of the trucking company, and the existing federal or state regulations that govern commercial vehicles. Remember that plaintiff attorneys are paid on the basis of contingency. This means that they are not paid until they succeed in winning a case or reach a settlement.

It's not surprising that semi-truck accident cases are a big 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. A lot of these truck accidents result in serious injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to secure their clients maximum settlements.

The defendants in a lawsuit involving an 18-wheeler may be held liable for a variety of damages, such as economic and non-economic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages could include emotional distress, disfigurement and reduced quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until their case is won and they negotiate a settlement with their client. In the meantime, they need to pay for court costs, conduct depositions, 18 wheeler accident employ experts and other specialists, travel and pay for other costs required to win the case.

Damages

18 wheeler accident wheeler accidents can lead to severe injuries, particularly when they're high-speed crashes. The effects of an 18-wheeler collision is more than normal due to its size and weight. The damages can also be higher.

In addition to the physical and 18 wheeler accident medical damage that could result from an 18 wheeler crash, victims can also receive compensation for the loss of their wages and the grief caused by the loss of loved ones. If you've suffered loss as a result of a semi truck accident, a personal injury attorney can help you determine the amount of the compensation you are entitled to receive.

Litigation can be expensive. Plaintiff attorneys need to pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay costs for court, so they need their clients' money as soon as possible. There are a variety of ways plaintiffs can receive their money quicker after settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties who need to cover their expenses while waiting for their settlement.

Timeline

There are many factors that influence the time it takes to settle a truck crash case. The severity of your injuries is the primary factor. You should wait until your medical condition has improved to the maximum before you settle. You may be able claim future losses, for example, loss of wages or a lower standard of life. Your attorney will need to provide evidence to support your claims.

A dispute between the parties over the liability or damages could prolong the settlement process. This can occur when there are several insurance companies involved, or if the parties are disputing who was responsible for the accident.

A qualified truck accident lawyer can assist you in determining if the insurance company is providing you with an appropriate amount for your case, and whether or the insurance company will take care of all your current and future losses. If the insurance company refuses to negotiate, it could be required to file a lawsuit that could extend the duration of the case. In some instances it could take at least a year to solve the issue.

Settlement

There are a few elements that can make it take some time to settle an 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two elements that can impact the timeline. It may also take some time for your doctor's documentation to identify permanent impairments that could impact your future losses. It is vital to never settle your accident claim too early because it could leave you without the money you're entitled to for your full range of losses.

Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a contingent fee basis and do not get paid until they win or agree to a settlement. They have to pay for court costs along with travel and expert witness fees throughout the course of the case.

As you are able to imagine, this can add up quite a bit. Many plaintiff attorneys who are 18-wheelers employ settlement cash advances, or lawsuit loans to offset their legal expenses out of pocket. This allows them to get their money earlier.