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

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

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

What to Expect

The timeframe for settling of a lawsuit against an 18-wheeler depends on a myriad of factors, including the possibility of liability and damages. If the parties involved in the incident are not able to reach an agreement regarding their respective faults, this could delay the process. Furthermore, if there is any disputes over witness testimony or evidence, it may take more time to solve these issues.

Based on the severity of the injuries, the scope of the trucking company's insurance policy and existing state or federal regulations governing commercial vehicles, settlement amounts may vary widely. It is important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning that they don't get paid until they win or settle a case.

Due to the serious and often fatal injuries that can result from accidents involving semi-trucks, it's no surprise that these types of cases are lucrative for the lawyers who represent them. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking firm has been declared to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these accidents cause severe injuries and even death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the maximum settlements.

In a lawsuit involving an 18-wheeler the defendants could be held liable for economic and noneconomic damages. Economic damages can include medical expenses, lost wages and future earnings. Other damages include pain and suffering, emotional distress, disfigurement or diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler accident law firm wheeler cases are compensated on a contingent basis. This means that they won't receive compensation until their case is resolved and they negotiate a settlement with their client. They must pay court costs and hire experts, as well as other specialists, travel and other expenses that go along in winning the case.

Damages

18-wheeler accidents can lead to serious injuries, particularly when they occur at high speeds. Due to the size and weight of these trucks, the impact may be even more severe than a normal motor vehicle crash. This means that the damages could be higher as well.

In addition to the medical and property damages that result from a crash involving an 18-wheeler, victims may also be entitled to compensation for lost wages and grief that is caused by the loss of loved ones. 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 is expensive. Attorneys representing plaintiffs must pay for things like travel, take depositions, hire expert witnesses, and pay court costs, which is why they require their clients' money as fast as they can. There are ways for plaintiffs to get their money faster following the settlement. These are called post settlement advances, lawsuit loans, or settlement cash advances. They are a great method for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that affect the length of the time it takes to settle an accident case with a truck. The most important factor is the severity of your injuries. It is important to wait until you have reached maximum medical improvement before making a decision to settle. This is because you could be in a position to claim future losses, such as lost wages or diminished quality of life. In addition, your attorney will need evidence to support these claims.

Another factor that can prolong the settlement process is a dispute between two parties over liability or damages. This could happen when several insurance companies are involved, or the parties do not agree on the fault of one party.

A qualified truck accident attorney can help you determine whether the insurance company is willing to pay a fair amount and if it will cover your current and future damages. If the insurance company is not willing to negotiate, you might need to file a lawsuit which could extend the duration of the lawsuit. In some cases it could take up to a year or more finish the case.

Settlement

There are a few factors that can cause the longest time to settle a 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance considerations involved. It could take time for your doctor to document of permanent impairments that could impact your future losses. Don't settle a claim for an accident too soon as this can leave you without money to cover your full range losses.

Plaintiff attorneys who litigate 18 wheeler crashes work on contingency fees and don't get paid until they win their case or reach a settlement. This means they've to invest their own money to pay for expenses for travel, court costs and expert witness expenses throughout the case.

As you are able to imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also known as lawsuit loans or 18 Wheeler accident attorney settlement cash advances) to help offset the legal costs they incur out of pocket to be able to collect the money that they are owed sooner.