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

The time required to settle a truck accident case varies from one to the next. There are many factors that can influence the time frame of settlement.

For instance, it may take time to establish who is liable for the accident. A lawyer can help identify the parties responsible and maximize the settlement.

What to Expect

The time frame for settlement of a lawsuit involving an 18-wheeler is contingent on many factors including the amount of liability and damages. The case could be delayed if parties to the accident cannot agree on the cause of the accident. If there is disagreement regarding the evidence or the testimony of witnesses, this may also delay the case.

Based on the severity of the injuries, as well as the size of the trucking company's insurance policy and existing state or federal regulations that govern commercial vehicles, settlement amounts can vary widely. Remember that plaintiff attorneys are paid on a contingency basis. This means they are not paid until they are successful in a case or agree to an agreement.

Because of the severe and often fatal injuries that can result from semi-truck accidents it's not a surprise that these cases are big business for the lawyers who handle them. Settlements can reach millions of dollars in these cases. This is especially true if the trucking company has been found to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these accidents cause serious injuries and even death. The majority of insurance companies lowball the victims of these accidents with settlement offers that don't reflect the extent of their injuries and the damages. However, an experienced attorney for 18 wheeler accidents can level the playing field and negotiate with these massive insurance companies in order to obtain their clients the most lucrative settlements.

In a case involving an 18-wheeler the defendants could be held accountable for non-economic and economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages include pain and Vimeo.com suffering and emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, meaning that they don't receive any money until they are successful and can negotiate a settlement for their client. In the meantime, they must pay court costs, attend depositions, zerez.de employ experts and other specialists, travel and pay for other expenses that are required to win a case.

Damages

18 wheeler accidents can result in serious injuries, particularly if they are high-speed crashes. The impact of an 18-wheeler crash is more intense because of its weight and size. The damage can be more severe.

In addition to medical and property damage that could result from a crash involving an rio rancho 18 wheeler accident law firm-wheeler, victims may be able to claim compensation for the loss of earnings and grief that is caused by the loss of a loved. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to when you have suffered losses due to a semi truck crash.

Litigation can be expensive. Attorneys representing plaintiffs need to pay for travel, depositions expert witnesses and court costs. They must get the money of their clients as soon as possible. There are several ways plaintiffs can receive their money faster after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to pay costs while waiting for their settlement.

Timeline

A variety of factors affect the time it takes to settle a case with a truck. One of the major factors is the severity of your injuries. You should wait until your condition has improved to the maximum before making a decision on settlement. You could be eligible for future losses, including reduced wages or a decrease in the quality of living. Your lawyer will have to present evidence to support your claims.

A dispute between two parties over the amount of liability or damages can delay the settlement process. This is often the case when there are multiple insurance companies involved or when the parties are disputing who was responsible for the accident.

A qualified attorney for truck accidents can help you determine 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 is not willing to compromise, you may require a lawsuit which could extend the time frame of the case. In certain cases it may take at least a year to solve the issue.

Settlement

There are several factors that can cause the longest time to settle a lawsuit involving an 18-wheeler. The degree of the injuries and insurance considerations are two aspects that can affect the timeline. It can take a while for your doctor to provide evidence of permanent impairments that could impact your future losses. It is vital to never settle your accident claim in a hurry, as it may result in you not receiving the funds you'll need to recuperate your entire range of damages.

Attorneys who represent plaintiffs in 18 wheeler accidents are paid contingency fees. They don't get paid until they succeed in their case or negotiate a settlement. They must pay for court costs and travel expenses as well as expert witness fees throughout the course of the case.

As you can imagine this can add up to a large amount. Many 18-wheeler plaintiff attorneys utilize settlement cash advances or lawsuit loans to pay for the legal expenses they incur out of pocket. This lets them get their money earlier.