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

The time needed to settle a trucking accident case can vary from case to case. The timeframe for settlement can be affected by a variety of factors.

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

What to Expect

The timeline for a settlement in a lawsuit against an 18-wheeler is contingent on a variety of factors such as the possibility of liability and damages. The case could be delayed if the parties in the collision cannot agree on fault. Additionally, if there are any disagreements over evidence or witness testimony, it may take more time to solve these issues.

Depending on the extent of the injuries, the size of the insurance policy of the trucking company and existing state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. It's important to remember that plaintiff attorneys work on a contingency fee basis, meaning that they don't get paid unless they win or settle a case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's not a surprise that these cases are huge business for attorneys who handle them. Therefore, it's not unusual for settlements in these cases to be millions of dollars or more. This is especially true if the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. A lot of these truck accidents cause severe injuries and even death. Most often, insurance companies lowball the victims of these accidents with settlements that do not reflect the extent of their injuries and damages. A reputable 18 wheeler accident lawyer can negotiate with large insurance companies and get the most favorable settlement for their clients.

In a case involving an 18 wheeler accident lawyers-wheeler, the defendants may be held responsible for economic and noneconomic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages include suffering and pain as well as emotional distress, disfigurement, and a diminished quality of life.

Attorneys who represent plaintiffs in 18 Wheeler Accident Lawsuits wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until the case is settled and they reach a settlement with their client. In the meantime, they need to pay court costs, attend depositions, hire experts and other specialists, travel and pay for other expenses required to win a case.

Damages

18 wheeler accidents can cause serious injuries, especially when they're high-speed crashes. Due to the weight and size of these trucks, the impact can be even more severe than a regular motor vehicle accident. This means that the damage could be more severe as well.

In addition to medical and property damage that could result from a collision with an 18-wheeler victims could be able to claim compensation for lost wages and grief that is caused by the loss of loved ones. If you've suffered losses from a semi truck accident, a personal injury attorney will help you determine all of the compensation that you could be entitled to receive.

It's no secret that litigation can be costly. Attorneys representing plaintiffs must pay for depositions, travel, expert witnesses and court costs. They must get the money of their clients as fast as they can. 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 they wait on their settlement.

Timeline

There are many factors that affect the amount of time required to settle a case that involves a truck. The severity of your injuries is a major factor. It is best to wait until your medical condition has improved to the maximum before you settle. This is because you could be eligible to claim future losses such as lost wages or a diminished quality of life. Additionally, your attorney will require evidence to support these claims.

A dispute between the parties over the liability or damages could prolong the settlement process. This is often the case when there are several insurance companies involved or if the parties are arguing about the who was responsible for the incident.

A qualified attorney for truck accidents will help you determine if the insurance company offers you an amount that is fair and if it will be able to cover your future and current damages. If the insurance company is not willing to negotiate, you may have to file a lawsuit that could prolong the duration of the lawsuit. In some instances the case may take longer than a full year to resolve.

Settlement

There are a variety of factors that can significantly lengthen the time it takes for an 18-wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance implications. It may also take some time for the documentation from your doctor to demonstrate permanent impairments, which could impact your future losses. Don't settle a claim arising from an accident too quickly as it may leave you without money to cover your full range damage.

Plaintiff attorneys who handle 18 wheeler accident attorneys wheeler-related accidents work on contingency fees. They aren't paid until they prevail or reach a settlement. They must pay for court costs as well as travel expenses and expert witness fees during the trial.

As you can imagine, this can add up to quite a lot. Many 18 wheeler plaintiff attorneys utilize post settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket to be able to collect the money they're owed sooner.