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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. There are many factors that can influence the speed of settlement.

For instance, it could take time to determine who is accountable for the accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The timeline for a settlement in an 18 wheeler lawsuit depends on a variety factors, including liability and damages. If the parties involved in the collision are not able to reach an agreement regarding their respective faults, this could delay the trial. If there are any disagreements over the evidence or witness testimony the process could take longer time to solve these issues.

Settlement amounts vary depending on the extent of injuries and the insurance policy of the trucking firm, and the existing state or federal regulations that govern commercial vehicles. It's important to remember that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid unless they win or reach a settlement in the case.

It's no surprise that semi-truck accident cases are a huge business for lawyers. Settlements can be as high as millions of dollars in these cases. This is especially true if the trucking company is found to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. A lot of these accidents result in serious injuries or even death. Most often, insurance companies lowball the victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and damages. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these huge insurance companies to secure their clients the highest settlements.

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

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, meaning that they don't get paid until they are successful and 18 wheeler can negotiate an agreement for their client. They are required to pay court costs and hire experts, as well as other specialists, travel and other expenses that go along in winning the case.

Damages

18 wheeler accidents can cause serious injuries, particularly in high-speed collisions. Due to the weight and size of these trucks, the impact could be more devastating than a typical motor vehicle crash. This means that the damage could be greater as well.

In addition to the property and medical damage that can result from an 18 wheeler crash victims can also receive compensation for the loss of their earnings and the pain caused by the loss of loved ones. If you've suffered loss as a result of a semi truck accident, a personal injury lawyer can help you determine the amount of the compensation you are entitled to receive.

It's no secret that litigation can be costly. Attorneys representing plaintiffs must pay for travel expenses, take depositions, hire experts to testify, and pay for court costs, which is why they must receive their clients' cash as soon as possible. There are many ways that plaintiffs can get their money quicker after an agreement. These are referred to 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

Many factors influence the time it takes to settle a case which involves a truck. The severity of your injuries is a major factor. It is best to wait until your condition has improved to the maximum before settling. You could be eligible to claim future losses, including lost wages or diminished quality of living. Your lawyer will have to provide evidence to back your claims.

Another factor that can prolong the settlement process is a dispute between parties about liability or damages. This is often the case when multiple insurance companies are involved, or the parties are not able to agree on who was at fault.

A reputable truck accident attorney can help you determine whether the insurance company is willing to pay an adequate amount and whether it will cover your current and future damages. If the insurance company isn't willing to negotiate, you may need to file a suit and this can extend the duration of the case. In some instances it could take at least a year to settle the case.

Settlement

There are a variety of factors that can significantly lengthen the time frame required for an 18 wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two factors which can influence the length of time. It may also take a while for your doctor to submit documentation of permanent impairments that could affect your future losses. Do not settle an accident claim too early, as this could leave you without a sufficient amount to cover your full range damage.

Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees and don't get paid until they win their case or 18 wheeler reach an agreement. This means they've to pay for their own money to cover court costs, travel and expert witness expenses during the the case.

As you can imagine, this can add up to a lot. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as lawsuit loans or settlement cash advances) to help offset their out-of-pocket legal expenses to get the money they're owed sooner.