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

The time required to settle a truck accident case varies from one case to the next. There are a number of factors that affect the speed of settlement.

It could take a long time to determine who is accountable for an accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The time frame for settling in a case involving an 18 wheeler accident attorneys-wheeler is contingent on a variety of factors which include liability and damages. If the parties involved in the accident are not able to reach an agreement on responsibility, this could greatly delay the process. If there are disputes over the credibility of witnesses or evidence of witnesses, it could delay the proceedings.

Settlement amounts can vary greatly in proportion to the severity of injuries, the insurance policy of the trucking firm and the current state or federal regulations that govern commercial vehicles. It's important to remember that plaintiff attorneys work on a contingency fee basis, meaning that they won't get paid until they win or settle a case.

It's not too surprising that semi-truck accidents are a lucrative business for lawyers. As such, it's not unusual to see settlements in these cases to be millions of dollars or more. This is especially true when the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these truck crashes result in serious injuries, or even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. A good 18 wheeler accident lawyer can negotiate with big insurance companies and get the best settlement for their clients.

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

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means that they don't receive any money until they succeed in their case and negotiate a settlement for their client. They are required to pay court costs and hire experts, as well as other specialists, travel and other costs associated with winning the case.

Damages

18 wheeler accidents can cause severe injuries, especially in high-speed collisions. Due to the weight and size of these trucks, the impact of an accident can be more severe than a typical motor vehicle crash. The damage can be greater.

In addition to the medical and property damages that result from a collision with an 18-wheeler victims could be able to claim compensation for the loss of wages and grief that is caused by the loss of loved ones. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if you have suffered losses due to a semi truck crash.

Legal proceedings can be costly. Attorneys representing plaintiffs need to pay for travel, depositions, expert witnesses and court costs. They must get the money of their clients as quick as possible. There are a variety of ways that plaintiffs can receive their funds faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent option for those injured and need to cover their expenses while waiting for their settlement.

Timeline

There are a variety of factors that contribute to the time it takes to settle a truck crash case. One major factor is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before you settle. You may be able to claim future losses, such as lost wages or diminished quality of life. Your attorney will need to provide evidence to support your claims.

Another reason that can delay the settlement process is a dispute between two parties about liability or 18 Wheeler Accident Lawsuit damages. This can occur when there multiple insurance companies involved or if the parties are arguing over the who was responsible for the accident.

A skilled truck accident lawyer can assist you in determining if the insurance company is providing you with a fair amount for your case, and whether or it will cover all of your current and future losses. If the insurance company isn't willing to negotiate, you might have to file a lawsuit and this can extend the time frame of the case. In certain situations it could take an entire year or more to solve the issue.

Settlement

There are a variety of factors that can significantly lengthen the time required for an 18-wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance considerations that are involved. It could take time for your doctor to submit documentation of permanent impairments that could impact your future losses. It is crucial to not settle your claim for an accident too early, as it could result in you not receiving the funds you're entitled to for your full range of damage.

Attorneys who represent plaintiffs in 18 wheeler accidents are paid contingency fee and don't get paid until they prevail or reach an agreement. They have to pay for court costs, travel expenses, and expert witness fees during the trial.

As you could imagine, this can add up quite a bit. Many 18 Wheeler Accident lawsuit-wheeler plaintiff lawyers make use of settlement cash advances or lawsuit loans to cover their legal costs out of pocket. This allows them to get their money earlier.