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

The time it takes to settle a trucking crash case can vary from case to case. The length of time for settlement may be affected by many factors.

It could take some time to determine who is responsible for an accident. A lawyer can help you identify all the parties at fault and maximize your settlement.

What to Expect

The timeline for a settlement of a lawsuit against an 18 wheeler accident attorney-wheeler depends on many factors including the amount of liability and 18 wheeler accident attorney damages. If the parties involved in the incident are not able to reach an agreement on responsibility, this could greatly delay the proceedings. If there are disagreements about the evidence or testimony of witnesses, it could delay the proceedings.

Settlement amounts can be wildly different dependent on the severity of injuries, the insurance policy of the trucking company and the current federal or state regulations that govern commercial vehicles. Remember that plaintiff lawyers are paid on the basis of contingency. This means that they do not get paid until they succeed in winning a case or reach an agreement.

Due to the serious and often catastrophic injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are a huge business for the attorneys who litigate them. As such, it's not uncommon to see settlements in these cases to reach millions of dollars or more. This is especially true if the trucking company is considered to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause severe injuries and even death. The majority of insurance companies reduce the victims of these accidents with settlement offers that do not reflect the extent of their injuries and the damages. However, an experienced 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to secure their clients the maximum settlements.

The defendants in a case involving an 18 wheeler could be held accountable for a variety of damages, such as economic and non-economic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic damages include suffering and pain as well as emotional distress, disfigurement and diminished quality of living.

Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingent basis. This means that they don't receive compensation until their case is won and they negotiate a settlement with their client. They are required to pay court costs as well as hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

18 wheeler accident-wheeler accidents can result in serious injuries, especially when they occur at high speed. The effects of an 18-wheeler collision could be more than normal because of its weight and size. This means that the damage could be greater as well.

In addition to the property and medical damage that could result from an 18-wheeler accident victims can also receive compensation for lost earnings and the pain caused by the loss of a loved one. A personal injury lawyer can help determine the total amount you are entitled to when you have suffered losses due to an accident involving a semi truck.

It's no secret that litigation is expensive. Attorneys representing plaintiffs must pay for depositions, travel, expert witnesses and court costs. They require the funds of their clients as quickly as possible. There are a variety of ways for plaintiffs to get their money faster after settlement. These are referred to as post settlement advances or lawsuit loans. They are a great method for injured parties to cover expenses while waiting for their settlement.

Timeline

There are a myriad of factors that influence the time it takes to settle a truck crash case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to its maximum before making a decision on settlement. 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 prove your claims.

A dispute between the parties about the liability or damages could prolong the settlement process. This can occur when there are multiple insurance companies involved or the parties are disputing who was responsible for the incident.

A qualified truck accident lawyer can assist you in determining if the insurance company is offering you a fair amount for your case and whether or not it will take care of all your future and current losses. If the insurance company is not willing to negotiate, you might have to file a lawsuit, which can lengthen the duration of the case. In some instances, it could take an entire year or more to solve the issue.

Settlement

There are a variety of factors that can drastically alter the timeline it takes for an 18 wheeler lawsuit to reach a settlement. The extent of the injuries and insurance considerations are two elements which can influence the length of time. It could take time for your doctor to document of permanent impairments that could impact your future losses. It is essential to never settle your claim too early because it could result in you not receiving the funds you'll need to recuperate your full range of damages.

Attorneys representing plaintiffs in cases involving 18 wheeler crashes work on contingency fees. They aren't paid until they prevail or reach a settlement. This means that they've had to spend their own money to pay for court costs, travel and expert witness fees all throughout the case.

As you could imagine, this can be quite costly. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as settlement cash advances) to offset their out-of-pocket legal expenses to get the money they are owed sooner.