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

The time it takes to settle a truck crash case varies from one to the next. There are a number of factors that could affect the timeline of settlement.

It can take a long time to determine who is responsible for an accident. An attorney can help determine all the parties responsible and maximize your settlement.

What to Expect

The time frame for settling of a 18-wheeler lawsuit is dependent on many factors including liability and damages. If the parties involved in the incident are unable to come to an agreement on the fault, this can greatly delay the process. If there is a dispute about the evidence or testimony of witnesses, this could delay the case.

Settlement amounts can vary greatly dependent on the severity of injuries and the insurance policy of the trucking firm and the current state or federal regulations that govern commercial vehicles. Remember that plaintiff lawyers are paid on the basis of contingency. This means they don't get paid until they are successful in a case or agree to an agreement.

It's no surprise that semi-truck accidents are a huge business for attorneys. Settlements often amount to millions of dollars in these cases. This is especially true when the trucking firm has been declared to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. A lot of these truck accidents cause serious injuries or even death. Insurance companies often undervalue injuries and damages of the victims in these accidents. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to get their clients the highest settlements.

In an 18-wheeler lawsuit the defendants could be held liable for economic and noneconomic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering as well as emotional distress, disfigurement and a lower quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingent basis. This means that they don't get paid until their case is won and they reach a settlement with their client. They must pay court costs and hire experts, as well as other specialists, travel, and other costs associated in winning the case.

Damages

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

In addition to the physical and medical damages that can be caused by an 18 wheeler crash victims can also claim compensation for the loss of their wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to if have suffered losses due to the crash of a semi-truck.

The cost of litigation can be high. Plaintiff attorneys must pay for things like travel and depositions, as well as hire expert witnesses, and pay court costs, which is why they must get their clients' money as soon as possible. There are a variety of ways that plaintiffs can get their money faster following a settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. These are an excellent option for those injured and need to pay for their expenses while waiting for their settlement.

Timeline

There are a myriad of factors that influence the time it takes to settle a truck crash case. One of the major factors is the severity of your injuries. It is important to wait until you've reached maximum medical improvement before making a decision to settle. You may be able claim future losses, including reduced wages or a decrease in the quality of living. Your attorney will need to provide evidence to back your claims.

A dispute between the parties about the liability of either party can delay the settlement process. This is often the case when there are several insurance companies involved or if the parties are arguing over who was responsible for the incident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is providing you with an adequate amount for your case, and whether or it will cover all of your future and current losses. If the insurance company isn't willing to compromise, you may need to file a lawsuit which could extend the duration of the case. In some instances it could take longer than a year to settle.

Settlement

There are a few elements that can make it take an extended time to settle a lawsuit against an 18-wheeler. This is due to the severity of the injuries and the insurance concerns involved. It could take a bit of time for your doctor's documentation to show permanent impairments which could impact your future losses. You should never settle a claim for an accident too quickly, as it could leave you without money to cover all losses.

Plaintiff attorneys who litigate in 18-wheeler accidents are paid on a contingent fee basis and are not paid until they prevail or reach an agreement. They are required to pay court costs and travel expenses as well as expert witness fees throughout the process of a 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 settlement cash advances) to pay for their legal costs out-of-pocket so that they can get the money they're owed sooner.