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

The time required to settle a trucking crash situation can differ from case to case. The length of time for settlement may be affected by several factors.

It can take several months to determine who is accountable for an accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The timeframe for settling in an 18 wheeler lawsuit depends on a variety factors, including liability and damages. The case could be delayed if the parties involved in the collision cannot agree on the fault. If there are disagreements over the credibility of witnesses or evidence of witnesses, it could also delay the case.

Settlement amounts vary dependent on the severity of injuries, the insurance policy of the trucking company and the current federal or state regulations that regulate commercial vehicles. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning that they don't receive compensation unless they win or 18 wheeler accident attorney reach a settlement in the case.

Due to the serious and often fatal injuries that result from semi-truck accidents it's no surprise that these cases are lucrative for the attorneys who litigate them. In this way, it's not common for settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year that involve 18-wheelers. Many of these crashes result in serious injuries, or even death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, a skilled 18 wheeler accident attorney - Wikisenior.es - can level the playing field and negotiate with these huge insurance companies to get their clients the highest settlements.

The defendants in a case involving an 18 wheeler could be held responsible for various types of damages including economic and non-economic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic losses include suffering and pain and emotional distress, disfigurement and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingency basis. This means that they do not receive compensation until their case is settled and they reach a settlement with their client. In the meantime, they have to pay for court fees, take depositions, employ experts and other specialists, travel and pay for other expenses required to win a case.

Damages

18 wheeler accidents can lead to severe injuries, especially if they are high-speed crashes. The impact of an 18-wheeler accident is more than normal because of its size and weight. This means that damages can be higher as well.

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

It's not a secret that litigation is expensive. Attorneys representing plaintiffs must pay for travel expenses to take depositions, pay experts to testify, and pay for costs for court, so they must receive their clients' money as fast as possible. There are a variety of ways that plaintiffs can get their money quicker after settlement. These are called post settlement advances, lawsuit loans, or settlement cash advances. These are a great way for injured parties to cover expenses while waiting on their settlement.

Timeline

There are a myriad of elements that determine the time it takes to settle a truck crash case. The most important factor is the severity of your injuries. You should wait until your condition has improved to its 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 support your claims.

A dispute between the parties about the liability of either party can delay the settlement process. This can occur when there multiple insurance companies involved or if the parties disagree on who was at fault for 18 wheeler accident attorney the accident.

A qualified attorney for truck accidents can assist you in determining whether the insurance company is willing to pay a fair amount and if it will cover your current and future damages. If the insurance company isn't willing to compromise, you may need to file a lawsuit that could prolong the duration of the case. In certain cases it could take at least a year to resolve the case.

Settlement

There are several things that can dramatically extend the timeline it takes for an 18 wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two of the factors which can influence the length of time. It could also take time for your doctor's report to demonstrate permanent impairments, which could impact the future loss you suffer. It is vital to never settle your accident claim too early as it can leave you without the money you need to recover for the full extent of your damages.

Plaintiff attorneys who take on 18-wheeler accidents are compensated on a contingency fee basis and are not paid until they win or agree to an agreement. This means that they've to invest their own money to pay for court costs, travel and expert witness costs all during the course of the case.

As you could imagine, this can be quite costly. Many 18-wheeler plaintiff attorneys make use of settlement cash advances or lawsuit loans to offset their legal costs out of pocket. This lets them access the funds sooner.