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

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

For example, it can take some time to determine who is accountable for the accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The time frame for settling in a lawsuit against an 18-wheeler is contingent on a variety of factors which include the amount of liability and damages. The case can be delayed if the parties involved in the accident cannot agree on the cause of the accident. If there is a dispute about the evidence or testimony of witnesses, this can delay the case.

Depending on the extent of the injuries, the amount of the trucking company's insurance policy and any existing federal or state regulations that govern commercial vehicles, settlement amounts can differ widely. 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 reach a settlement in the case.

Because of the severe 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. In this way, it's not common to see settlements in these cases to be millions of dollars or more. This is especially true if the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year that involve 18-wheelers. Many of these truck crashes result in serious injuries or death. Most often, insurance companies lower the cost of victims of these accidents with settlements that do not reflect the full extent of their injuries and damages. A reputable 18 wheeler accident lawyer-wheeler accident lawyer can negotiate with large insurance companies to get the most favorable settlement for their clients.

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

Plaintiff attorneys who litigate 18 wheeler accident wheeler cases work on a contingency fee basis, which means they aren't paid until they prevail and agree to an agreement for their client. In the meantime, they need to pay for court fees, take depositions, engage experts and other experts, travel and pay for other expenses required to win a case.

Damages

18 Wheeler accident Lawsuit-wheeler accidents can result in serious injuries, especially if they occur at high speeds. Due to the size and weight of these trucks, the impact may be even more severe than a normal motor vehicle crash. This means that the damage could be higher as well.

In addition to the property and medical damage that could result from an 18-wheeler crash, victims can also receive compensation for lost wages as well as the grief caused by the loss of a loved one. If you've suffered losses in a semi truck accident an attorney for personal injury can help you determine the amount of the compensation you could be entitled to receive.

Legal proceedings can be costly. Attorneys representing plaintiffs need to pay for travel, depositions, expert witnesses and court costs. They must receive the money of their clients as soon as they can. There are a variety of ways for plaintiffs to get their money quicker after settlement. These are known as post settlement advances or lawsuit loans. These are a great way for injured parties to pay expenses while waiting on their settlement.

Timeline

Many factors influence the amount of time it takes to settle an accident case that involves a truck. The severity of your injuries is an important factor. It is best to wait until your condition has improved to its maximum before you settle. This is because you might be entitled to claim future losses, such as lost wages and a decreased quality of life. Your attorney will need evidence to prove these claims.

A dispute between the parties over the liability of either party can prolong the settlement process. This can often happen when there are multiple insurance companies involved or the parties are arguing about who was responsible for the accident.

A skilled truck accident lawyer can help you determine if the insurance company is providing you with an acceptable amount to settle your case and whether or it will be able to cover all of your future and current losses. If the insurance company is not willing to negotiate, you might require a lawsuit, which can lengthen the duration of the lawsuit. In some cases it could take at least a year to finish the case.

Settlement

There are a few factors that can make it take some time to settle an 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance implications. It can take a while for your doctor to provide evidence of permanent impairments that could impact your future losses. It is not advisable to settle a claim for an accident too quickly, as it could leave you with no money to cover your full range damages.

Plaintiff attorneys who litigate in 18-wheeler collisions are paid on a contingency basis and do not get paid until they win or agree to a settlement. They are required to pay court costs and travel expenses as well as expert witness fees during the course of the case.

As you might imagine, this could add up quite a bit. A lot of plaintiff attorneys with 18 wheels utilize settlement cash advances or lawsuit loans to offset their out-of pocket legal expenses. This lets them access the funds sooner.