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

The time needed to settle a trucking crash case can vary from case to case. The time frame for settlement could be affected by a number factors.

For instance, it could take time to determine who is responsible for the accident. A lawyer can help you determine the responsible parties and maximize the amount you receive.

What to Expect

The timeline for a settlement of a 18-wheeler lawsuit is dependent on many factors, including the possibility of liability and damages. The case may be delayed if the parties involved in the collision do not reach an agreement on who is responsible. If there are any disagreements over witnesses' testimony or evidence the process could take longer time to resolve these issues.

Based on the severity of the injuries, the size of the insurance policy of the trucking company and the current state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff lawyers are paid on an on a contingency basis. This means that they are not paid until they succeed in winning a case or reach an agreement.

It's not a surprise that semi-truck accident cases are a lucrative business for attorneys. Settlements can be as high as millions of dollars in these cases. This is particularly true when the trucking firm has been declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year that involve 18-wheelers. Many of these truck accidents cause serious injuries and even death. In many cases, insurance companies reduce the victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and damages. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies to get their clients the most lucrative settlements.

In an 18-wheeler lawsuit the defendants could be held responsible for non-economic and economic damages. Economic damages can include medical expenses, lost wages and future earnings. Non-economic damages may 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 aren't paid until they succeed in their case and negotiate a settlement for their client. In the meantime, they have to pay for court costs, conduct depositions, hire experts and other specialists, travel and pay for any other expenses related to winning the case.

Damages

18 wheeler accident wheeler accidents can result in severe injuries, particularly if they are high-speed crashes. Due to the weight and size of these trucks, the impact may be more severe than a regular motor vehicle crash. The damages could also be greater.

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

Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for travel expenses, take depositions, hire experts as witnesses, and pay court costs, which is why they must receive their clients' money as soon as possible. Fortunately, there are ways for plaintiffs to get their money faster following an agreement. These are called post-settlement advances, lawsuit loans or settlement cash advances. These are a great way for injured parties to cover expenses while waiting on their settlement.

Timeline

There are a variety of factors that contribute to how long it takes to settle a truck crash case. The severity of your injuries is the primary factor. It is best to wait until your condition has improved to the maximum before making a decision on settlement. You could be eligible to claim future losses, including lost wages or diminished quality of living. Your attorney will need to present evidence to support your claims.

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

A reputable lawyer for truck accidents can help you determine if the insurance company is providing you with an appropriate amount for your case and whether or it will pay for all of your future and current losses. If the insurance company refuses to negotiate, it may be necessary to file a lawsuit that could extend time for the case. In certain cases it could take an entire year or more to finish the case.

Settlement

There are a few factors that can cause an extended time to settle an 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two aspects that could affect the timeframe. It could also take time for your doctor's documentation to reveal permanent impairments that could affect your future losses. It is important that you never settle your claim too early because it could result in you not receiving the funds you're entitled to for your full range of losses.

Plaintiff attorneys who take on 18-wheeler crashes are paid on a basis of contingency fees and do not get paid until they win or negotiate a settlement. This means they've had to spend their own money to pay for court costs, travel, 18 wheeler accident attorney and expert witness expenses during the course of the case.

As you can imagine this could add up to a amount. Many 18 wheeler plaintiff attorneys utilize post settlement advances (also called settlement cash advances) to offset their legal costs out-of-pocket so that they can get the money they're owed sooner.