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

The amount of time required to settle a trucking accident situation can differ from case to case. The timeline for settlement can be affected by many factors.

For example, it can take some time to determine who is accountable for the accident. An attorney can help determine the responsible parties and maximize the amount you receive.

What to Expect

The time frame for settling in an 18 wheeler lawsuit is contingent on a variety of factors, including the possibility of liability and damages. The case may be delayed if the parties in the collision do not agree on fault. If there are disputes over the evidence or testimony of witnesses, this can also delay the case.

Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and existing state or federal regulations governing commercial vehicles settlement amounts can be wildly different. Keep in mind that plaintiff attorneys are paid on the basis of a contingency. This means that they are not paid until they win a case or reach a settlement.

It's not surprising that semi-truck accident cases are a big business for lawyers. As such, it's not common to see settlements in these cases to reach millions of dollars or more. 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 accidents every year involving 18-wheelers. A lot of these accidents result in serious injuries or even death. Insurance companies often underestimate the damage and injuries suffered by 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 the highest settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means they aren't paid until they succeed in their case and negotiate an agreement for their client. In the meantime, they must cover court costs, take depositions, hire experts and other experts, travel and pay for other costs required to win the case.

Damages

18 wheeler accidents can cause severe injuries, especially in high-speed collisions. Due to the weight and size of these trucks, the impact can be even more devastating than a typical motor vehicle accident. This means that damages can be more severe as well.

In addition to medical and property damages that result from an 18 wheeler accident lawyers-wheeler collision victims could be able to claim compensation for lost wages and grief that is caused by the loss of loved ones. A personal injury lawyer can help determine the total amount you are entitled to if you were a victim of an accident involving a semi truck.

Legal proceedings can be costly. Plaintiff attorneys must pay for travel, depositions, expert witnesses, and court costs. They must get the money of their clients as quickly as possible. There are ways for plaintiffs to get their money faster following the settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for injured parties who require to cover their expenses while they await their settlement.

Timeline

Many factors influence the amount of the time it takes to settle an accident case that involves a truck. One major factor is the severity of your injuries. It is important to wait until you have achieved your maximum medical improvement before making a decision on settlement. This is because you may be entitled to claim future losses such as lost wages and diminished quality of life. Your attorney will require evidence to prove these claims.

Another reason that can delay the process of settlement is a dispute between two parties over liability or damages. This can happen when there multiple insurance companies involved, or if the parties are arguing over who was responsible for the accident.

A reputable lawyer for truck accidents can help you determine whether the insurance company is providing you with a fair amount for your case and whether or the insurance company will be able to cover all of your future and current losses. If the insurance company isn't willing to negotiate, you could need to file a suit and this can extend the duration of the case. In some cases the case may take longer than a full year to resolve.

Settlement

There are several factors that can cause a long time to settle an 18 wheeler accident law firm-wheeler lawsuit. This is due to the severity of the injuries and the insurance concerns involved. It can take a while for your doctor to provide evidence of permanent impairments that could affect your future losses. You should never settle an accident claim too early, as this could leave you with no money to cover the full amount of damage.

Attorneys who represent plaintiffs in 18-wheeler crashes are paid on a basis of contingency fees and are not paid until they win or agree to an agreement. They are responsible for court costs as well as travel expenses and expert witness fees throughout the course of the case.

As you might imagine, this could add up quite a bit. Many 18-wheeler plaintiff lawyers utilize settlement cash advances or lawsuit loans to pay for the legal expenses they incur out of pocket. This lets them get the money sooner.