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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 differs from one to the next. There are a number of factors that could affect the timeline of settlement.

For instance, it may take a while to determine who is liable for the accident. A lawyer can assist in identifying the parties responsible and maximize the settlement.

What to Expect

The timeline for a settlement of a 18-wheeler lawsuit is dependent on many factors including liability and damages. If the participants in the crash are not able to reach an agreement regarding fault, this can greatly delay the trial. If there are disagreements regarding the evidence or the testimony of witnesses, this could also delay the case.

Based on the severity of the injuries, as well as the size of the trucking company's insurance policy and existing state or federal regulations governing commercial vehicles, settlement amounts may vary widely. It is important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning that they don't receive compensation unless they win or reach a settlement in a case.

Due to the serious and often fatal injuries that can result from semi-truck accidents it's not surprising that these cases are huge business for lawyers who handle them. Therefore, it's not uncommon for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking firm has been declared to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheeler accident law firm wheelers across the United States. Many of these truck accidents cause severe injuries and even death. Insurance companies tend to undervalue the damage and injuries suffered by victims in these accidents. However, an experienced attorney representing victims of accidents on 18 wheeler accident law firm wheels can even the playing field and negotiate with these big insurance companies to ensure that they offer their clients the highest settlements.

In an 18-wheeler lawsuit, the defendants may be held liable for economic and noneconomic damages. The economic damages can be medical bills, lost wages and future earnings. Non-economic damages could include emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingency basis. This means that they do not receive compensation until their case is won and they settle with their client. In the meantime, they must pay for court costs, conduct depositions, engage experts and other specialists, travel, and pay for any other expenses associated with winning a case.

Damages

18 wheeler accidents can result in severe injuries, particularly in high-speed collisions. Due to the size and weight of these trucks, the impact of an accident can be even more severe than a regular motor vehicle crash. The damage can be more extensive.

In addition to the property and medical damage that may result from the crash of an 18 wheeler victims can also claim compensation for the loss of their wages and the grief caused by the loss of a loved one. If you've suffered losses from a semi truck accident, a personal injury attorney can help you determine all of the compensation that you are entitled to receive.

The costs of litigation can be quite high. Plaintiff attorneys need to pay for travel expenses to take depositions, pay experts to testify, and pay for court costs, so they need their clients' money as fast as they can. There are many ways that plaintiffs can receive their funds more quickly after a settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for those who have suffered injuries and need to cover their expenses while waiting for their settlement.

Timeline

There are a variety of elements that determine the time it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is best to wait until your condition has improved to the maximum before you settle. You could be eligible for future losses, including lost wages or the lower quality of life. Your attorney will need to provide evidence to back your claims.

Another reason that can delay the settlement process is a dispute between parties over liability or damages. This is often the case when multiple insurance companies are involved, or the parties disagree on the fault of one party.

A reputable truck accident attorney can help you determine whether the insurance company offers you an acceptable amount and if it will pay for future and current damages. If the insurance company isn't willing to negotiate, you may require a lawsuit which could extend the time frame of the case. In some instances, it could take an entire year or more to solve the issue.

Settlement

There are a few factors that can make it take some time to settle a lawsuit involving an 18-wheeler. This is due to the severity of the injuries and the insurance considerations involved. It could take some time for your doctor's report to show permanent impairments which could affect the future loss you suffer. Do not settle a claim for an accident too soon as this can result in you not having enough money to cover your full range losses.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fee and don't get paid until they prevail or reach an agreement. This means they've to invest their own money to pay for court costs, travel, and expert witness expenses during the the case.

As you can imagine this can add up to quite a large amount. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also called settlement cash advances) to cover their legal expenses out of pocket to get the money they're owed sooner.