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

The time required to settle a truck accident case differs from one to the next. There are a number of variables that can affect the timeline of settlement.

It could take several months to determine who is responsible for an accident. A lawyer can assist you determine the responsible parties and maximize your settlement.

What to Expect

The timeline for a settlement in a lawsuit against an 18-wheeler depends on a variety factors which include liability and damages. If the parties involved in the collision are unable to come to an agreement on their respective faults, this could delay the process. If there are disputes over the credibility of witnesses or evidence of witnesses, this could also delay the case.

Based on the severity of the injuries, the amount of the insurance policy of the trucking company and existing state or federal regulations for commercial vehicles, settlement amounts may vary widely. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning that they don't get paid unless they win or reach a settlement in the case.

Because of the severe and often catastrophic injuries that result from accidents involving semi-trucks, it's no surprise that these types of cases are a huge business for the lawyers who handle them. It's unusual for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking firm has been deemed negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. A lot of these truck accidents cause serious injuries or even death. In many cases, insurance companies lowball the victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and damages. However, an experienced 18 wheeler Accident Lawsuits wheeler accident attorney can even the playing field and negotiate with these big insurance companies to secure their clients the most lucrative settlements.

The defendants in a case involving an 18 wheeler accident attorney wheeler could be held accountable for a variety of damages, such as economic and non-economic damages. The economic damages can be medical expenses, lost wages and future earnings. Non-economic losses include pain and suffering as well as emotional distress, disfigurement, and a diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they succeed in their case and negotiate an agreement with their client. In the meantime, they have to pay for court costs, conduct depositions, employ experts and other specialists, travel, and pay for other expenses that are related to winning the case.

Damages

18-wheeler accidents can result in serious injuries, particularly when they happen at high speeds. The consequences of an accident involving an 18-wheeler could be more than normal because of its weight and size. This means that the damages could be greater as well.

In addition to medical and property damage that could result from a crash involving an 18-wheeler victims could also be entitled to compensation for the loss of wages and grief that is caused by the loss of loved ones. A personal injury lawyer can help you determine the amount of compensation you are entitled to if were a victim of an accident involving a semi truck.

The costs of litigation can be quite high. Plaintiff attorneys must pay for depositions, travel, expert witnesses and court costs. They must receive the money of their clients as quickly as possible. There are a variety of ways that plaintiffs can receive their funds quicker after a settlement. These are referred to as post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties who need to cover their expenses while they await their settlement.

Timeline

There are many factors that affect how long it takes to settle a truck crash case. 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 on settlement. You may be able to claim future losses, such as lost wages or the lower quality of living. Your lawyer will have to provide evidence to support your claims.

A dispute between the parties about damages or liability can also prolong the settlement process. This can happen when multiple insurance companies are involved, or the parties do not agree on who is responsible.

A reputable lawyer for truck accidents can help you determine if the insurance company is offering a fair amount for 18 wheeler accident lawsuits your case, and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company is not willing to negotiate, you could need to file a lawsuit and this can extend the duration of the lawsuit. In certain situations it could take at least a year to solve the issue.

Settlement

There are a few things which can cause an extended time to settle a lawsuit against an 18-wheeler. The extent of the injuries and insurance considerations are two factors that can impact the timeline. It could take time for your doctor to submit documentation of permanent impairments that could affect your future losses. You should never settle a claim arising from an accident too quickly as it may leave you without money to cover all damage.

Plaintiff attorneys who handle 18 wheeler accidents are paid contingency fees and don't get paid until they are successful or reach an agreement. This means they've to invest their own money to pay for court costs, travel and expert witness expenses throughout this case.

As you can imagine, this can add up to a lot. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also called settlement cash advances) to offset the legal costs they incur out of pocket so that they can get the money they are owed sooner.