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

The time required to settle a truck accident case differs from one to the next. The timeframe for settlement can be affected by a number factors.

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

What to Expect

The time frame for settlement in a lawsuit involving an 18-wheeler is based on a variety of factors which include the liability and damages. The case could be delayed if the parties involved in the collision cannot agree on the cause of the accident. 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 in proportion to the severity of injuries and the insurance policy of the trucking company and the current state or federal regulations that govern commercial vehicles. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid until they win or reach a settlement in a case.

It's not surprising that semi-truck accidents are a lucrative business for lawyers. It's uncommon to see settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company has been deemed negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. A lot of these accidents result in serious injuries or death. In many cases, insurance companies lowball the victims of these accidents with settlement offers that do not reflect the full extent of their injuries and the damages. However, an experienced attorney for 18 wheeler accidents can level the playing field and negotiate with these huge insurance companies to get their clients the highest settlements.

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

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingent basis. This means that they don't receive compensation until their case is resolved and they negotiate a settlement with their client. In the meantime, they have to pay for court fees, take depositions, engage experts and other specialists, travel, and pay for other costs associated with winning a case.

Damages

18 wheeler accidents can lead to serious injuries, especially if they are high-speed crashes. Due to the size and weight of these trucks, the impact of an accident can be more severe than a regular motor vehicle crash. This means that the damage could be higher as well.

In addition to the physical and medical damage that may result from the crash of an 18 wheeler accident attorney wheeler victims can also receive compensation for lost wages as well as the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if you are suffering losses as a result of an accident involving a semi truck.

Litigation can be expensive. Attorneys representing plaintiffs must pay for travel expenses for depositions, travel to court, hire experts as witnesses, and pay costs for court, so they need their clients' funds as quickly as possible. There are a variety of ways that plaintiffs can get their money quicker after settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties to pay expenses while waiting for their settlement.

Timeline

There are many factors that affect the time required to settle a case with trucks. The severity of your injuries is an important factor. It is essential to wait until you've achieved your maximum medical improvement before making a decision on settlement. You could be eligible for future losses, such as reduced wages or accident a decrease in the quality of living. Your lawyer will have to provide evidence to back your claims.

Another factor that can prolong the settlement process is a dispute between parties over the liability of damages or liability. This can often happen when there multiple insurance companies involved or when the parties disagree on who is responsible for the accident.

A reputable lawyer for truck accidents can assist you in determining if the insurance company is providing you with an acceptable amount for your case, and whether or it will take care of all your current and future losses. If the insurance company isn't willing to compromise, you may require a lawsuit, which can lengthen the timeline of the case. In some cases it could take more than a year for the resolution.

Settlement

There are many things that can drastically alter the time required for an 18 wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two of the factors which can influence the length of time. It may also take some time for your doctor's report to reveal permanent impairments that could impact the future loss you suffer. It is crucial to never settle your accident claim in a hurry, as it may result in you not receiving the funds you'll need to cover your entire range of damage.

Attorneys who represent plaintiffs in 18-wheeler accidents are paid on a contingent fee basis and do not get paid until they win or reach a settlement. This means they have had to put aside their own money to cover expenses for travel, court costs and expert witness expenses all during the course of this case.

As you can imagine, this can add up to a quite a lot. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also called settlement cash advances) to pay for the legal costs they incur out of pocket so that they can get the money they owe sooner.