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

The time required to settle a trucking crash case varies from case to case. The time frame for settlement could be affected by several factors.

For instance, it could take time to determine who is responsible for the accident. A lawyer can assist in identifying all liable parties and 18 wheeler accident maximize the settlement.

What to Expect

The timeframe for settling in an 18 wheeler lawsuit is contingent on a variety of factors which include the possibility of liability and damages. If the parties involved in the incident are unable to reach an agreement regarding their respective faults, this could delay the case. If there is a dispute about the evidence or testimony of witnesses, this could also delay the case.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and the existing state or federal regulations for commercial vehicles, settlement amounts can differ widely. Remember that plaintiff attorneys are paid on a contingency basis. This means they do not get paid until they have won a case, or reached an agreement.

It's not a surprise that semi-truck accident cases are a big business for lawyers. Therefore, it's not uncommon to see settlements in these cases to reach millions of dollars or more. This is especially true if the trucking company is deemed negligent.

Liability

In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these truck accidents result in serious injuries, 18 wheeler accident or even death. Insurance companies tend to undervalue the damage and injuries suffered by victims in these accidents. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these huge insurance companies to get their clients maximum settlements.

In a lawsuit brought against an 18-wheeler the defendants could be held liable for non-economic and economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic losses include suffering and pain as well as emotional distress, disfigurement and a diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler accident lawyers wheeler cases work on a contingency fee basis, which means they aren't paid until they succeed in their case and negotiate an agreement with their client. They have to pay court costs as well as hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

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

In addition to the property and medical damages that can be caused by the crash of an 18 wheeler, victims can also receive compensation for lost wages as well as the grief caused by the loss of loved ones. If you've suffered losses in a semi truck accident, a personal injury attorney can help you determine the amount of the compensation you may be entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions, expert witnesses and court costs. They must receive the money of their clients as fast as possible. Fortunately, there are ways that plaintiffs can receive their money faster after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for those who have suffered injuries and need to cover their expenses while they await their settlement.

Timeline

There are a variety of factors that affect how long it takes to settle a truck accident case. One major factor is the severity of your injuries. It is essential to wait until you have reached maximum medical improvement before you settle. You may be able claim future losses, such as loss of wages or a lower standard of living. Your lawyer will have to prove your claims.

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

A skilled truck accident lawyer can help you determine whether the insurance company is offering you an appropriate amount for your claim and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company refuses to negotiate, it might be necessary to file a suit which can extend the time frame for the case. In some instances it could take a year or more to solve the issue.

Settlement

There are a variety of factors which can significantly extend the time required for an 18 wheeler lawsuit to settle. The extent of the injuries and insurance considerations are two aspects that can affect the timeline. It could take some time for the documentation from your doctor to demonstrate permanent impairments, which could impact your future losses. It is important that you never settle your claim in a hurry, as it may leave you without the money you'll need to cover your entire range of damages.

Plaintiff attorneys who litigate 18 wheeler crashes work on contingency fees. They aren't paid until they win their case or reach a settlement. They have to pay for court costs and travel expenses as well as expert witness fees during the process of a case.

As you can imagine, this can be quite costly. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to cover their legal expenses out of pocket. This lets them receive the funds earlier.