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

The time needed to settle a trucking accident situation can differ from case to case. The timeframe for settlement can be affected by many factors.

It can take several months to determine who is accountable for an accident. A lawyer can help you identify all the parties at fault and maximize the settlement.

What to Expect

The timeframe for settling in a case involving an 18-wheeler is based on a variety of factors including the amount of the liability and damages. If the parties involved in the collision are not able to reach an agreement about their respective faults, this could delay the trial. Additionally, if there are any disagreements regarding witnesses' testimony or evidence the process could take longer time to solve these issues.

Settlement amounts can vary greatly dependent on the severity of injuries and the insurance policy of the trucking company and the current laws and regulations of the federal or state that govern commercial vehicles. Remember that plaintiff lawyers are paid on a contingency basis. This means they are not paid until they win a case or reach an agreement.

Because of the severe and often catastrophic injuries that result from semi-truck accidents, it's no surprise that these types of cases are big business for the attorneys who handle them. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking company has been deemed negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheeler accident lawsuits wheelers in the United States. Many of these truck accidents result in serious injuries and 18 Wheeler Accident lawsuits even death. Insurance companies tend to undervalue the damage and injuries suffered by victims in these accidents. However, a skilled 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to ensure that they offer their clients the highest settlements.

The defendants in a lawsuit against an 18 Wheeler accident lawsuits-wheeler could be held accountable for a variety of damages including economic and non-economic damages. Economic damages may include medical bills, wages lost and future earnings. Non-economic losses include suffering and pain as well as emotional distress, disfigurement, and diminished quality of living.

Plaintiff attorneys who take part in 18 wheeler accident attorneys wheeler cases are compensated on a contingent basis. This means that they won't get paid until the case is settled and they negotiate a settlement with their client. They must pay court costs and hire experts, as well as other specialists, travel and other expenses that go along with winning the case.

Damages

18 wheeler accidents can result in serious injuries, particularly when they're high-speed crashes. Due to the weight and size of these trucks, the impact can be more severe than a normal motor vehicle crash. The damage can be greater.

In addition to medical and property damages that can result from a crash involving an 18-wheeler, victims may be able to claim compensation for the loss of wages and grief that is caused by the loss of a loved. A personal injury lawyer can help determine the maximum amount of compensation you are entitled to if you have suffered losses as a result of a semi truck crash.

The cost of litigation can be high. Attorneys representing plaintiffs must pay for travel, depositions, expert witnesses and court costs. They must receive the money of their clients as quickly as they can. There are a variety of ways that plaintiffs can receive their money faster after a settlement. 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 for their settlement.

Timeline

There are many factors that affect the length of the time it takes to settle a case with a truck. The severity of your injuries is a major factor. It is important to wait until you have achieved your maximum medical improvement before making a decision to settle. You may be able claim future losses, like reduced wages or a decrease in the quality of life. Your lawyer will have to provide evidence to support your claims.

A dispute between two parties over the liability of either party can delay the settlement process. This can occur when there are multiple insurance companies involved, or if the parties are arguing over the who was responsible for the incident.

A qualified attorney for truck accidents can assist you in determining whether the insurance company is willing to pay an adequate amount and whether it will pay for future and current damages. If the insurance company isn't willing to negotiate, you might need to file a suit and this can extend the time frame of the case. In some instances the case may take longer than a year to resolve.

Settlement

There are a few things that could cause a long time to settle an 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance implications. It could take time for your doctor to document of permanent impairments that could impact your future losses. It is essential to not settle your claim for an accident too early, as it could result in you not receiving the funds you need to recover for your full range of damages.

Plaintiff attorneys who handle 18 wheeler accidents work on contingency fees and don't get paid until they win their case or reach an agreement. They are required to pay court costs along with travel and expert witness fees during the course of the case.

As you could imagine, this can be quite costly. Many plaintiff attorneys who are 18-wheelers use settlement cash advances or lawsuit loans to offset the legal expenses they incur out of pocket. This allows them to receive the funds earlier.