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

The time it takes to settle a trucking crash situation can differ from case to case. There are many factors that can influence the time frame of settlement.

For instance, it may take some time to determine who is liable for the accident. A lawyer can assist in identifying all parties responsible and help maximize the settlement.

What to Expect

The time frame for settlement in a lawsuit against an 18 wheeler accident lawyers-wheeler is based on a variety of factors such as the liability and damages. If the parties involved in the incident are unable to come to an agreement on responsibility, this could greatly delay the proceedings. In addition, if there are any disagreements about witness testimony or evidence or testimony, it could take more time to solve these issues.

Settlement amounts can differ greatly depending on the extent of injuries and the insurance policy of the trucking firm and the current federal or state regulations that govern commercial vehicles. Remember that plaintiff attorneys are paid on an on a contingency basis. This means that they don't get paid until they succeed in winning a case or reach an agreement.

It's not too surprising that semi-truck accidents are a big business for 18 wheeler accidents attorneys. As such, it's not uncommon for settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company has been considered to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year that involve 18-wheelers. A lot of these truck accidents cause serious injuries and even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. However, an experienced attorney for 18 wheeler accidents can level the playing field and negotiate with these massive insurance companies to secure their clients maximum settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, meaning that they don't receive any money until they win their case and reach an agreement with their client. They must pay court costs and also hire experts, specialists, travel and other expenses associated with winning the case.

Damages

18 wheeler accidents can cause serious injuries, particularly when they're high-speed accidents. Due to the size and weight of these trucks, the impact could be even more severe than a regular motor vehicle accident. The damage can be greater.

In addition to the medical and property damages that may result from a collision with an 18-wheeler victims could be able to claim compensation for lost wages and the grief caused by the death of a loved. A personal injury lawyer can help determine the amount of compensation you are entitled to when you have suffered losses due to an accident involving a semi truck.

The costs of litigation can be quite high. Plaintiff attorneys must pay for travel, depositions expert witnesses and court costs. They need the money of their clients as quickly as possible. There are a variety of ways that plaintiffs can receive their money sooner after an agreement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to cover costs while waiting for their settlement.

Timeline

There are a myriad of factors that influence the time it takes to settle a truck accident case. One of the most important factors is the severity of your injuries. It is best to wait until your condition has improved to its maximum before you settle. This is because you could be eligible to claim future losses, such as lost wages and 18 wheeler accidents a decreased quality of life. Your attorney will need evidence to prove these claims.

Another factor that can prolong the process of settlement is a dispute between parties regarding liability or damages. This can often happen when there multiple insurance companies involved, or if the parties are arguing about the who was responsible for the accident.

A reputable truck accident lawyer can help you determine whether the insurance company is offering you an appropriate amount for your claim and whether or it will take care of all your future and current losses. If the insurance company refuses to negotiate, it could be necessary to file a suit which can extend time for the case. In certain situations, it could take up to a year or more resolve the case.

Settlement

There are a few elements that could cause an extended time to settle a lawsuit involving an 18-wheeler. This includes the severity of injuries and the insurance implications. It can take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. You should never settle an accident claim too early, as this could leave you with no money to cover all damage.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fees. They aren't paid until they are successful or reach a settlement. They are required to pay court costs and travel expenses as well as expert witness fees throughout the trial.

As you are able to imagine, this can add up quite a bit. A lot of plaintiff attorneys with 18 wheels employ settlement cash advances, or lawsuit loans to offset their legal expenses out of pocket. This lets them get the money sooner.