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

The time it takes to settle a truck accident case varies from one to the next. The timeline for settlement can be affected by several factors.

It could take a long time to determine who is accountable for an accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The time frame for settling in a lawsuit against an 18-wheeler is based on a variety of factors which include liability and damages. If the parties involved in the accident are unable to reach an agreement regarding who is at fault, it could delay the process. If there is a dispute regarding the evidence or the testimony of witnesses, it could delay the proceedings.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and any existing federal or state regulations that govern commercial vehicles, settlement amounts can vary widely. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means they are not paid until they have won a case, or reached a settlement.

Due to the serious and often fatal injuries that result from accidents involving semi-trucks, it's no surprise that these cases are big business for the lawyers who represent them. As such, it's not uncommon to see settlements in these cases to amount to 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. Many of these truck accidents result in serious injuries and even death. Insurance companies often undervalue injuries and damages of the victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the most lucrative settlements.

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

Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingent basis. This means that they do not get paid until their case is won and they reach a settlement with their client. They are required to pay court costs, hire experts, other specialists, travel, and other costs associated in winning the case.

Damages

18-wheeler accidents can cause serious injuries, particularly when they occur at a high speed. The impact of an 18-wheeler accident could be more intense due to its weight and size. The damage can be greater.

In addition to medical and property damage that could result from a collision with an 18-wheeler, victims may also be entitled to compensation for the loss of wages and grief that is caused by the loss of a loved. A personal injury lawyer can assist you to determine the maximum amount of compensation you are entitled to when you were a victim of a semi truck crash.

It's not a secret that litigation can be expensive. Attorneys representing plaintiffs have to pay for things like travel for depositions, travel to court, hire experts to testify, and pay for costs for court, so they require their clients' money as soon as possible. There are a variety of ways that plaintiffs can receive their money quicker after settlement. These are known as post settlement advances or lawsuit loans. These are a great way for injured parties to cover expenses while they wait on their settlement.

Timeline

There are a variety of factors that influence how long it takes to settle a truck crash case. The severity of your injuries is a major factor. It is crucial to wait until you've reached your maximum level of medical improvement before you settle. You may be able to claim future losses, for example, reduced wages or a decrease in the quality of living. Your attorney will need to provide evidence to back your claims.

Another factor that can lengthen the settlement process is a dispute between parties over the liability of damages or liability. This can happen when there are several insurance companies involved or the parties are disputing who was at fault for the accident.

An experienced truck accident lawyer will help you determine if the insurance company provides you with an adequate amount and whether it will pay for future and current damages. If the insurance company is not willing to negotiate, you might have to file a lawsuit which could extend the time frame of the case. In certain situations it may take up to a year or more solve the issue.

Settlement

There are several factors that can make it take a long time to settle a 18-wheeler lawsuit. The extent of the injuries and insurance considerations are two aspects which can influence the length of time. It may also take some time for your doctor's documentation to reveal permanent impairments that could impact the future loss you suffer. Do not settle a claim for an accident too quickly as it may leave you without a sufficient amount to cover the full amount of losses.

Plaintiff attorneys who litigate in 18 wheeler accidents-wheeler accidents are paid on a contingency fee basis and are not paid until they win or negotiate an agreement. This means they've had to spend their own money to pay for the costs of court, travel, and expert witness costs all throughout the case.

As you might imagine, this could be quite costly. Many 18-wheeler plaintiff attorneys utilize settlement cash advances or lawsuit loans to cover the legal expenses they incur out of pocket. This allows them to get the money sooner.