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

The time it takes to settle a truck accident case varies from one case to the next. The length of time for settlement may 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 maximize the settlement.

What to Expect

The time frame for settlement in a lawsuit involving an 18-wheeler is dependent on many factors including the amount of the amount of liability and damages. If the parties involved in the incident are unable to come to an agreement about who is at fault, it could delay the case. Additionally, if there are any disagreements regarding the evidence or witness testimony the process could take longer time to resolve these issues.

Depending on the extent of the injuries, the size of the trucking company's insurance policy and existing state or federal regulations governing commercial vehicles settlement amounts can vary widely. Keep in mind that plaintiff attorneys are paid on an on a contingency basis. This means they do not get paid until they win a case or reach an agreement.

It's not surprising that semi-truck accidents are a lucrative business for attorneys. Settlements often amount to millions of dollars in these cases. This is especially true if the trucking company has been declared to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents result in serious injuries and even death. Often, insurance companies will lower the cost of victims of these accidents with settlement offers that do not reflect the extent of their injuries and the damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to secure their clients the highest settlements.

In a lawsuit brought against an 18-wheeler, the defendants may be held accountable for non-economic and economic damages. Economic damages may include medical bills, lost wages, and future earnings. Non-economic damages include suffering and pain and emotional distress, disfigurement and a diminished quality of life.

Plaintiff attorneys who litigate in 18 wheeler cases are compensated on a contingency basis. This means that they do not receive compensation until their case is settled and they settle with their client. They are required to pay court costs, hire experts, other specialists, travel and other costs associated with winning the case.

Damages

18 wheeler accident lawyers wheeler accidents can result in serious injuries, especially when they're high-speed crashes. Due to the weight and size of these trucks, the impact can be more severe than a regular motor vehicle accident. This means that the damages could be more extensive as well.

In addition to medical and property damages that can result from an 18-wheeler collision victims could also be entitled to compensation for the loss of earnings and grief due to the loss of loved ones. If you've suffered loss as a result of a semi truck accident, a personal injury attorney can help you determine the amount of the compensation you could be entitled receive.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for depositions, travel, expert witnesses and court costs. They must get the money of their clients as quick as they can. There are ways that plaintiffs can receive their money sooner after a settlement. These are referred to as post-settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to pay expenses while waiting for their settlement.

Timeline

There are a myriad of elements that determine how long it takes to settle a truck accident case. One of the major 18 wheeler Accident factors is the severity of your injuries. You should wait until your condition has improved to its maximum before making a decision on settlement. This is due to the fact that you may be in a position to claim future losses such as lost wages or a diminished quality of life. In addition, your attorney will need evidence to prove these claims.

Another reason that could delay the process of settlement is a dispute between parties regarding liability or damages. This can occur when multiple insurance companies are involved or the parties disagree about who is at fault.

A qualified attorney for truck accidents will help you determine if the insurance company offers you an acceptable amount and if it will be able to cover your future and 18 wheeler Accident current damages. If the insurance company refuses to negotiate, it might be required to file a lawsuit, which could extend the time frame for the case. In some instances the case could take more than a full year to resolve.

Settlement

There are a few things that can cause a long time to settle a 18-wheeler lawsuit. This includes the severity of injuries and the insurance concerns involved. It can take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. It is important that you never settle your accident claim too early because it could leave you without the money you'll need to recuperate the full extent of your losses.

Attorneys who represent plaintiffs in 18-wheeler accidents are compensated on a contingency fee basis and do not get paid unless they win or reach a settlement. This means that they've to invest their own money to pay for court costs, travel and expert witness costs all during the course of the case.

As you can imagine this can add up to quite a lot. A lot of plaintiff attorneys with 18 wheels use settlement cash advances or lawsuit loans to cover their out-of pocket legal expenses. This allows them to access the funds sooner.