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

The time required to settle a truck crash situation varies from case to the next. The time frame for settlement could be affected by many factors.

It could take a long time to determine who is responsible for an accident. A lawyer can help identify the responsible parties and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit involving an 18-wheeler is contingent on many factors, including the possibility of liability and damages. If the parties involved in the collision are unable to come to an agreement on their respective faults, this could delay the trial. If there is a dispute over the evidence or testimony of witnesses, this could also delay the case.

Settlement amounts vary according to the severity of injuries, the insurance policy of the trucking company, and the existing state or federal regulations that govern commercial vehicles. It's important to remember that plaintiff attorneys are paid on a contingency basis, 18 wheeler Accident Lawsuits meaning that they don't get paid until they win or reach a settlement in the case.

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

Liability

In the United States, there are more than 100,000 accidents each year that involve 18-wheelers. Many of these truck accidents cause severe injuries and even death. Often, insurance companies will lowball the victims of these accidents with settlement offers that don't reflect the extent of their injuries and the damages. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to secure their clients the highest settlements.

In a lawsuit brought against an 18-wheeler the defendants could be held responsible for economic and noneconomic damages. Economic damages may include medical bills, lost wages or future earnings. Non-economic damages include pain and suffering as well as emotional distress, disfigurement, and a lower quality of life.

Plaintiff attorneys who litigate 18 wheeler accident law firms wheeler cases work on a contingency fee basis, meaning that they aren't paid until they prevail and agree to a settlement for their client. They must pay court fees and also hire experts, specialists, travel, and other expenses that go along in winning the case.

Damages

18-wheeler accidents can lead to serious injuries, especially if they occur at high speed. Due to the size and weight of these trucks, the impact could be more devastating than a typical motor vehicle accident. The damages could also be more extensive.

In addition to the medical and property damages that result from a crash involving an 18-wheeler, victims may be able to claim compensation for the loss of wages and grief caused by the loss of loved ones. If you have experienced loss as a result of a semi truck accident an attorney for personal injury can help you determine all of the compensation that you could be entitled receive.

Legal proceedings can be costly. Attorneys representing plaintiffs must pay for travel expenses to take depositions, pay experts to testify, and pay for court costs, so they need their clients' cash as soon as possible. There are a variety of ways for plaintiffs to get their money sooner after an agreement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great choice for those injured and need to cover their expenses while they await their settlement.

Timeline

There are a myriad of elements that determine the time it takes to settle a truck crash case. One of the major factors is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before you settle. This is because you may be able to claim future losses, such as lost wages or a diminished quality of life. Your attorney will need evidence to support these claims.

Another reason that can delay the process of settlement is a dispute between two parties about liability or damages. This can occur when multiple insurance companies are involved or the parties disagree about who is at fault.

A qualified truck accident attorney can assist you in determining whether the insurance company will offer you an adequate amount and whether it will be able to cover your future and current damages. If the insurance company refuses to negotiate, it may be necessary to file a suit which can extend the timeline for the case. In certain instances the case may take more than a year for the resolution.

Settlement

There are a variety of factors that can drastically alter the time it takes for an 18 wheeler lawsuit to settle. This includes the severity of injuries and the insurance concerns involved. It may also take some time for the documentation from your doctor to reveal permanent impairments that could impact the future loss you suffer. It is crucial to never settle your accident claim too early as it can leave you without the money you'll need to recuperate your full range of losses.

Plaintiff attorneys who litigate in 18 wheeler accident lawsuits-wheeler accidents are paid on a contingent fee basis and do not get paid until they win or reach a settlement. They have to pay for court costs along with travel and expert witness fees throughout the course of the case.

As you can imagine this can add up to a large amount. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also known as settlement cash advances) to help offset their legal costs out-of-pocket to be able to collect the money they owe sooner.