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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 length of time for settlement may be affected by a variety of factors.

For instance, it may take a while to determine who is liable for the accident. An attorney can help determine the responsible parties and maximize the amount you receive.

What to Expect

The timeline for a settlement of a lawsuit against an 18-wheeler depends on a myriad of factors, including the amount of liability and damages. The case may be delayed if the parties to the collision cannot reach an agreement on who is responsible. If there is disagreement about the evidence or testimony of witnesses, it could delay the trial.

Settlement amounts vary depending on the extent of injuries and the insurance policy of the trucking company and the federal or state regulations that regulate commercial vehicles. Remember that plaintiff lawyers are paid on a contingency basis. This means that they don't get paid until they succeed in winning a case or reach a settlement.

It's not surprising that semi-truck accidents are a lucrative business for attorneys. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these truck crashes result in serious injuries and even death. The majority of insurance companies make it difficult for victims of these accidents with settlement offers that do not reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the maximum settlements.

The defendants in an 18 wheeler lawsuit may be held liable for various types of damages including economic and non-economic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages include pain and suffering and emotional distress, disfigurement, and a diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, meaning that they don't get paid until they win their case and reach an agreement with their client. In the meantime, they need to pay for court fees, take depositions, hire experts and other specialists, travel, and pay for other expenses required to win the case.

Damages

18 wheeler accidents can result in severe injuries, especially when they're high-speed crashes. 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 damages can be more extensive as well.

In addition to the physical and medical damage that could result from an 18-wheeler crash, victims can also receive compensation for their lost wages as well as the grief caused by the loss of a loved one. If you have experienced loss as a result of a semi truck accident, a personal injury lawyer will help you determine all of the compensation you could be entitled receive.

The cost of litigation can be high. Plaintiff attorneys need to pay for things like travel to take depositions, pay expert witnesses, and pay court costs, so they must receive their clients' funds as quickly as possible. There are many ways that plaintiffs can receive their funds quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while waiting on their settlement.

Timeline

A variety of factors affect the length of time required to settle a case which involves the truck. The severity of your injuries is the primary factor. It is important to wait until you've achieved your maximum medical improvement before making a decision to settle. You may be able to claim future losses, such as reduced wages or a decrease in the quality of living. Your lawyer will have to present evidence to support your claims.

A dispute between the parties over damages or liability can also prolong the settlement process. This is often the case when multiple insurance companies are involved or the parties disagree on who was at fault.

A reputable truck accident lawyer can assist you in determining if the insurance company is offering you a fair amount for your case, and whether or it will be able to cover all of your current and future losses. If the insurance company is not willing to negotiate, you may need to file a lawsuit, which can lengthen the duration of the case. In certain instances the case may take more than a year to resolve.

Settlement

There are a few things that could cause the longest time to settle an 18-wheeler lawsuit. The extent of the injuries and insurance considerations are two elements which can influence the length of time. It can take a while for your doctor to submit documentation of permanent impairments that could affect your future losses. It is not advisable to settle an accident claim too quickly as it may leave you without money to cover your full range damage.

Attorneys who represent plaintiffs in 18 wheeler accident lawsuits wheeler crashes work on contingency fee and don't get paid until they succeed in their case or negotiate a settlement. They have to pay for court costs as well as travel expenses and expert witness fees during the course of the case.

As you can imagine this can add up to quite a quite a lot. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called settlement cash advances) to cover their legal expenses out of pocket so that they can get the money they owe sooner.