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

The time required to settle a truck crash case varies from one case to the next. The time frame for settlement could be affected by several factors.

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

What to Expect

The timeline for a settlement of an 18 wheeler accident attorneys-wheeler lawsuit depends on many factors including the possibility of liability and damages. The case may be delayed if the parties in the collision cannot agree on fault. If there is disagreement over the evidence or testimony of witnesses, this may also delay the case.

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

It's not surprising that semi-truck accidents are a lucrative business for lawyers. Settlements often amount to millions of dollars in these cases. This is particularly true when the trucking company has been declared to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. A lot of these accidents result in serious injuries or even death. Most often, insurance companies lowball the victims of these accidents with settlement offers that don't reflect the extent of their injuries and the damages. However, a good 18 wheeler accident attorney can level the playing field and negotiate with these huge insurance companies to get their clients the maximum settlements.

The defendants in a lawsuit involving an 18-wheeler accident lawyer could be held responsible for a variety of damages, including non-economic and economic damages. Economic damages may include medical bills, 18 wheeler accident attorney lost wages and future earnings. Non-economic losses include pain and suffering and emotional distress, disfigurement and diminished quality of living.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they don't receive compensation until their case is resolved and they settle with their client. In the meantime, they have to pay court costs, attend depositions, employ experts and other specialists, travel and pay for other expenses that are related to winning the case.

Damages

18 wheeler accidents can lead to severe injuries, especially in high-speed collisions. Due to the weight and size of these trucks, the impact of an accident can be even more severe than a typical motor vehicle crash. This means that the damage could be more severe as well.

In addition to the medical and property damage that may result from the crash of an 18 wheeler, victims can also receive compensation for the loss of their income 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 lawyer can help you determine all of the compensation that you could be entitled receive.

It's no secret that litigation can be expensive. Plaintiff attorneys must pay for things like travel to take depositions, pay expert witnesses, and pay costs for court, so they require their clients' cash as soon as they can. There are several ways plaintiffs can receive their funds quicker after a settlement. These are known as post settlement advances or lawsuit loans. They are a great choice for injured parties who need to pay for their expenses while they await their settlement.

Timeline

Many factors influence the time required to settle an accident case involving trucks. The severity of your injuries is an important factor. It is best 18-wheeler accident attorneys to wait until your medical condition has improved to the maximum before you settle. You may be able to claim future losses, such as lost wages or diminished quality of living. Your attorney will need to present evidence to support your claims.

A dispute between the parties regarding the liability or damages could prolong the settlement process. This is often the case when there multiple insurance companies involved or the parties are arguing over the who was responsible for the accident.

An experienced truck accident lawyer can help you determine whether the insurance company is willing to pay an adequate amount and whether it will cover future and present damages. If the insurance company isn't willing to negotiate, you could have to file a lawsuit and this can extend the duration of the case. In certain instances the case could take longer than a year to settle.

Settlement

There are many things that can dramatically extend the time required for an 18-wheeler accident lawyer lawsuit to reach a settlement. The extent of the injuries and insurance considerations are two aspects that can affect the timeline. It may also take some time for your doctor's report to show permanent impairments which could affect the future loss you suffer. It is important that you never settle your claim too early as it can leave you without the money you're entitled to for your entire range of damage.

Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fee and don't get paid until they win their case or reach an agreement. They are responsible for court costs along with travel and expert witness fees throughout the course of a case.

As you can imagine, this can add up to a amount. Many plaintiff attorneys who are 18-wheelers make use of settlement cash advances or lawsuit loans to offset the legal expenses they incur out of pocket. This allows them to get the money sooner.