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

The time required to settle a truck crash case varies from one to the next. There are many variables that can affect the time frame of settlement.

It could take a long time to determine who is responsible for an accident. An attorney can help determine all the parties responsible and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including the amount of liability and damages. The case can be delayed if the parties in the collision cannot agree on the cause of the accident. If there are disputes over the credibility of witnesses or evidence of witnesses, this may also delay the case.

Settlement amounts can differ greatly in proportion to the severity of injuries and the insurance policy of the trucking company, and the existing state or federal regulations that govern commercial vehicles. It's important to note that plaintiff lawyers work on a contingency fee basis, meaning that they don't get paid unless they win or settle a case.

Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these types of cases are lucrative for the attorneys who handle them. Settlements can reach millions of dollars in these cases. This is especially true if the trucking company has been declared to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year involving 18-wheelers. Many of these truck crashes result in serious injuries or death. Insurance companies often undervalue the injuries and damages of the victims in these accidents. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to secure their clients maximum settlements.

In an 18-wheeler lawsuit the defendants could be held responsible for non-economic and economic damages. The economic damages can be medical bills, lost wages, and future earnings. Non-economic damages may include pain and suffering and emotional distress, disfigurement and a lower quality of life.

Plaintiff attorneys who are litigating 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 negotiate a settlement with their client. They must pay court costs as well as hire experts, other specialists, travel and other costs associated in winning the case.

Damages

18 wheeler accidents can result in serious injuries, especially when they're high-speed crashes. The impact of an 18-wheeler crash is more intense because of its weight and size. The damages could also be greater.

In addition to the medical and property damages that can result from a crash involving an 18 wheeler accident law firm-wheeler, victims may also be entitled to compensation for the loss of earnings and grief that is caused by the loss of a loved. If you've suffered losses as a result of a semi-truck accident an attorney for personal injury will help you determine all of the compensation you may be entitled to receive.

It's no secret that litigation can be costly. Plaintiff attorneys need to pay for travel expenses for depositions, travel to court, hire expert witnesses, and cover court costs, which is why they must receive their clients' cash as soon as they can. There are ways that plaintiffs can get their money faster after an agreement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while waiting for their settlement.

Timeline

Many factors influence the length of time it takes to settle an accident case that involves trucks. One major factor is the severity of your injuries. 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. Your attorney will require evidence to prove these claims.

A dispute between two parties over the amount of liability or damages can prolong the settlement process. This is often the case when there are several insurance companies involved or the parties are disputing who is responsible for the accident.

A qualified truck accident lawyer can assist you in determining if the insurance company is offering you an adequate amount for your case, and whether or it will cover all of your current and future losses. If the insurance company is not willing to negotiate, you could require a lawsuit, which can lengthen the duration of the case. In certain instances the case could take more than a year to settle.

Settlement

There are many things that can dramatically extend the timeline it takes for an 18-wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two of the factors that can impact the timeline. It may also take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. It is crucial to never settle your claim in a hurry, as it may result in you not receiving the funds you need to recover for your entire range of losses.

Plaintiff attorneys who take on 18-wheeler accidents are compensated on a basis of contingency fees and do not get paid unless they win or reach an agreement. They are responsible for court costs, travel expenses, and expert witness fees throughout the course of the case.

As you could imagine, this can add up quite a bit. Many 18 wheeler accident attorneys wheeler plaintiff attorneys use post settlement advances (also called lawsuit loans or settlement cash advances) to pay for the legal costs they incur out of pocket in order to receive the money they're owed sooner.