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

The time it takes to settle a trucking crash instance can vary from case to case. There are many variables that can affect the length of time to settle.

For example, it can take some time to determine who is liable for the accident. A lawyer can help you determine all the parties responsible and maximize the settlement.

What to Expect

The timeframe for settling of a lawsuit involving an 18-wheeler is contingent on many factors, including liability and damages. If the parties involved in the incident are unable to reach an agreement on the their respective faults, this could delay the proceedings. If there are disagreements regarding the evidence or the testimony of witnesses, it could delay the case.

Depending on the extent of the injuries, the scope of the trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. Remember that plaintiff lawyers are paid on the basis of contingency. This means that they do not get paid until they succeed in winning a case or reach a settlement.

It's no surprise that semi-truck accident cases are a big business for lawyers. As such, it's not unusual for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company has been declared to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these accidents cause severe injuries and even death. The majority of insurance companies lower the cost of victims of these accidents with settlement offers that don't reflect the full extent of their injuries and damages. However, a skilled 18 Wheeler accident attorney [mediawiki.Volunteersguild.org] can even the playing field and negotiate with these large insurance companies to secure their clients the highest settlements.

In a lawsuit involving an 18-wheeler the defendants could be held liable for economic and noneconomic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Non-economic damages may include pain and suffering and emotional distress, 18 Wheeler Accident attorney disfigurement, and a diminished quality of life.

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

Damages

18-wheeler accidents could cause serious injuries, especially when they happen at high speeds. The effects of an 18-wheeler collision could be more than normal due to its weight and size. This means that the damages could be higher as well.

In addition to the medical and property damage that could result from the crash of an 18 wheeler victims may also be eligible for compensation for their lost earnings and the pain caused by the loss of a loved one. A personal injury lawyer can help you determine the maximum amount of compensation you can receive if you have suffered losses due to the crash of a semi-truck.

The cost of litigation can be high. Plaintiff attorneys must pay for travel expenses and depositions, as well as hire expert witnesses, and cover costs for court, so they must get their clients' money as soon as they can. There are a variety of ways that plaintiffs can get their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to pay expenses while waiting for their settlement.

Timeline

There are many factors that affect the amount of time required to settle a case which involves the truck. The severity of your injuries is a major factor. You should wait until your medical condition has improved to its maximum before you settle. This is because you might be able to claim future losses, such as lost wages and diminished quality of life. Additionally, your attorney will need evidence to prove these claims.

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

A skilled truck accident lawyer will help you determine if the insurance company is offering a fair amount for your case and whether or it will be able to cover all of your future and current losses. If the insurance company refuses to negotiate, it may be required to file a lawsuit which can extend time for the case. In certain cases, it could take an entire year or more to resolve the case.

Settlement

There are a few things that can cause an extended time to settle a 18-wheeler lawsuit. 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 submit documentation of permanent impairments that could impact your future losses. It is important that you never settle your claim too early because it could leave you without the money you'll need to recuperate your full range of damage.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents are paid contingency fee and don't get paid until they win their case or reach a settlement. This means they've had to spend their own money to cover court costs, travel and expert witness expenses throughout this case.

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