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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. The length of time for settlement may be affected by several factors.

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

What to Expect

The time frame for settling of an 18-wheeler lawsuit depends on a myriad of factors, including the liability and damages. The case can be delayed if the parties in the collision cannot reach an agreement on who is responsible. Furthermore, if there is any disagreements about witness testimony or evidence, it may take more time to resolve these issues.

Settlement amounts can differ greatly depending on the extent of injuries, the insurance policy of the trucking firm and the current federal or state regulations that regulate commercial vehicles. It's important to remember that plaintiff lawyers work on a contingency fee basis, meaning that they won't get paid until they prevail or reach a settlement in the case.

It's no surprise that semi-truck accidents are a huge business for lawyers. It's unusual for settlements in these cases to be millions of dollars or more. This is particularly true when the trucking company is deemed negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in 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 by offering settlement offers that don't reflect the extent of their injuries and the damages. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to get their clients the highest settlements.

In a lawsuit involving an 18-wheeler the defendants could be held accountable for economic and noneconomic damages. Economic damages may include medical bills, lost wages and future earnings. Other damages include emotional distress, disfigurement and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they prevail and agree to a settlement for their client. In the meantime, they have to cover court costs, take depositions, engage experts and other specialists, travel, and pay for other expenses that are required to win a case.

Damages

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

In addition to medical and property damage that could result from a crash involving an 18-wheeler victims could also be entitled to compensation for lost wages and the grief that is caused by the loss of loved ones. If you have experienced losses in a semi truck accident, a personal injury lawyer can help you determine the amount of the compensation that you are entitled to receive.

Litigation can be expensive. Plaintiff attorneys must pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay court costs, so they must receive their clients' funds as quickly as they can. There are ways that plaintiffs can receive their money sooner after the settlement. These are known as post settlement advances or lawsuit loans. They are a great option for injured parties to pay expenses while they wait on their settlement.

Timeline

There are many factors that affect the amount of time it takes to settle a case that involves the truck. The severity of your injuries is an important factor. You should wait until your medical condition has improved to its maximum before settling. This is because you might be in a position to claim future losses, such as lost wages and a decreased quality of life. Additionally, your attorney will need evidence to support these claims.

A dispute between the parties about the amount of liability or damages can prolong the settlement process. This can occur when multiple insurance companies are involved or the parties do not agree on who is at fault.

A reputable truck accident lawyer can help you determine if the insurance company is offering a fair amount for your case and whether or it will pay for all of your future and current losses. If the insurance company is unwilling to compromise, it could be required to file a lawsuit, which could extend the timeline for the case. In certain cases the case could take longer than a year for the resolution.

Settlement

There are a few elements that can make it take some time to settle a 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two of the factors which can influence the length of time. It could also take time for your doctor's documentation to demonstrate permanent impairments, which could affect the future loss you suffer. It is not advisable to settle an injury claim too quickly as it may result in you not having enough money to cover all losses.

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

As you can imagine, this can add up to quite a quite a lot. Many 18-wheeler plaintiff attorneys employ settlement cash advances, or lawsuit loans to offset their out-of pocket legal expenses. This allows them to receive the funds earlier.