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

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

For instance, it may take a while to determine who is responsible for the accident. A lawyer can help you identify all the liable parties and maximize your settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors, including the liability and damages. The case can be delayed if the parties involved in the collision are not able to agree on fault. If there are disputes about the evidence or 18 wheeler Accident Attorney testimony of witnesses, this could delay the proceedings.

Depending on the extent of the injuries, as well as the size of the trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they prevail or settle a case.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are lucrative for the attorneys who litigate them. In this way, it's not uncommon to see settlements in these cases to amount to millions of dollars or more. This is especially true if the trucking company has been considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents every year involving 18-wheelers. A lot of these truck accidents cause serious injuries and even death. In many cases, insurance companies lower the cost of victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these large insurance companies in order to obtain their clients the highest settlements.

In a case involving an 18-wheeler the defendants could be held responsible for non-economic and economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages can include emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they do not get paid until their case is resolved and they negotiate a settlement with their client. They are required to pay court costs and hire experts, as well as other specialists, travel and other expenses associated in winning the case.

Damages

18 wheeler accidents can lead to severe injuries, particularly when they're high-speed accidents. The consequences of an accident involving an 18-wheeler can be more intense because of its size and weight. This means that damages can be more severe as well.

In addition to the property and medical damage that could result from an 18-wheeler accident victims can also claim compensation for lost earnings and the pain caused by the loss of a loved one. If you've suffered losses in a semi truck accident, a personal injury lawyer can help you determine all of the compensation you could be entitled receive.

The cost of litigation can be high. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses and court costs. They need the money of their clients as soon as they can. There are several ways plaintiffs can receive their money quicker after a settlement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

There are many factors that contribute to the time it takes to settle a truck accident case. The severity of your injuries is the primary factor. It is essential to wait until you have reached your maximum level of medical improvement before you settle. This is because you may be in a position to claim future losses, such as lost wages or a diminished quality of life. Additionally, your attorney will need evidence to prove these claims.

Another reason that could delay the settlement process is a dispute between two parties about liability or damages. This can often happen when there multiple insurance companies involved or when the parties are disputing the who was responsible for the accident.

A qualified truck accident lawyer can help you determine whether the insurance company is providing you with a fair amount to settle your case and whether or it will cover all of your future and current losses. If the insurance company refuses to negotiate, it might be necessary to file a lawsuit which could prolong the timeline for the case. In certain situations, it could take an entire year or more to finish the case.

Settlement

There are many factors that can significantly lengthen the time frame required for an 18-wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two aspects that can affect the timeline. It can also take time for your doctor to provide evidence of permanent impairments that could affect your future losses. It is important that you never settle your claim too early as it can result in you not receiving the funds you'll need to cover the full extent of your damage.

Attorneys representing plaintiffs who litigate in 18 wheeler accident law firms-wheeler accidents are compensated on a contingency fee basis and do not get paid unless they win or reach a settlement. They must pay for court costs and travel expenses as well as expert witness fees throughout the course of a case.

As you can imagine this can add up to quite a quite a lot. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also called settlement cash advances) to help offset their legal expenses out of pocket in order to receive the money that they are owed sooner.