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

The amount of time required to settle a trucking accident instance can vary from case to case. The timeframe for settlement can be affected by a number factors.

It can take several months to determine who is accountable for an accident. A lawyer can help you identify all the parties at fault and maximize your settlement.

What to Expect

The time frame for settling of an 18-wheeler lawsuit depends on a variety of factors, including the amount of liability and damages. The case could be delayed if the parties in the collision cannot agree on fault. Furthermore, if there is any disagreements regarding 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 the current state or federal regulations for commercial vehicles, settlement amounts can be wildly different. It's important to note that plaintiff lawyers are paid on a contingency basis, which means they don't receive compensation unless they win or reach a settlement in a case.

Due to the serious and often fatal injuries that can result from semi-truck accidents it's not a surprise that these cases are lucrative for the lawyers who handle them. Therefore, it's not uncommon to see settlements in these cases to be millions of dollars or more. This is particularly true when the trucking company is considered to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these crashes result in serious injuries, or even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. A reputable 18 wheeler accident lawyer can negotiate with big insurance companies and get the most favorable settlement for their clients.

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

Plaintiff attorneys who take part in 18 wheeler accident lawsuit wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until their case is settled and they settle with their client. In the meantime, they must pay for court fees, take depositions, employ experts and other experts, travel and pay for other expenses required to win the case.

Damages

18 wheeler accidents can result in severe injuries, especially in high-speed collisions. Due to the size and weight of these trucks, the impact of an accident can be more severe than a normal motor vehicle crash. The damages could also be higher.

In addition to the medical and property damage that can result from an 18 wheeler crash, victims can also receive compensation for lost earnings and the pain caused by the loss of a loved one. If you have experienced loss as a result of a semi truck accident A personal injury lawyer can help you determine all of the compensation that you could be entitled to receive.

It's not a secret that litigation is expensive. Attorneys representing plaintiffs need to pay for travel, depositions expert witnesses, and court costs. They require the funds of their clients as soon as they can. There are several ways plaintiffs can receive 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 they wait on their settlement.

Timeline

There are many factors that affect how long it takes to settle a truck accident case. The severity of your injuries is a major factor. You should wait until your condition has improved to the maximum before settling. You could be eligible to claim future losses, for example, reduced wages or a decrease in the quality of life. Your lawyer will have to present evidence to support your claims.

Another factor that can lengthen the settlement process is a dispute between two parties about liability or damages. This could happen when several insurance companies are involved, or the parties disagree about who is responsible.

A qualified truck accident lawyer can help you determine whether the insurance company is providing you with a fair amount for your case and whether or the insurance company will pay for all of your current and future losses. If the insurance company is unwilling to negotiate, it might be necessary to file a suit which could prolong the timeline for the case. In some instances the case may take longer than a year for the resolution.

Settlement

There are a few things that can cause a long time to settle a 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two aspects that could affect the timeframe. It may also take a while for your doctor to document of permanent impairments that could affect your future losses. It is not advisable to settle an accident claim too quickly as it may leave you with no money to cover the full amount of damage.

Plaintiff attorneys who litigate in 18-wheeler collisions are paid on a basis of contingency fees and do not get paid until they win or agree to an agreement. They are responsible for court costs, travel expenses, and expert witness fees during the course of the case.

As you can imagine, this can be quite costly. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also known as settlement cash advances) to cover the legal costs they incur out of pocket so that they can get the money they owe sooner.