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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 a number of factors that could affect the speed of settlement.

It can take an extended time to determine who is accountable for an accident. A lawyer can assist in identifying the responsible parties and maximize the settlement.

What to Expect

The timeline for a settlement in a case involving an 18-wheeler depends on a variety factors which include liability and damages. The case could be delayed if parties to the collision are not able to agree on the cause of the accident. If there are any disputes over witness testimony or evidence the process could take longer time to solve these issues.

Settlement amounts can be wildly different according to the severity of injuries, the insurance policy of the trucking firm and the federal or state regulations that govern commercial vehicles. It's important to remember that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they prevail or settle a case.

It's not a surprise that semi-truck accident cases are a huge business for attorneys. It's common to see settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been considered to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheeler accident lawyer wheelers in the United States. Many of these truck crashes result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these massive insurance companies to get their clients the most lucrative settlements.

In an 18-wheeler lawsuit, the defendants may be held accountable for non-economic and economic damages. The economic damages can be medical bills, lost wages and future earnings. Non-economic damages can include emotional distress, disfigurement or diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means that they don't receive any money until they win their case and reach an agreement with their client. They must pay court fees, hire experts, other specialists, travel, and other costs associated in winning the case.

Damages

18 wheeler accidents can lead to severe injuries, especially when they're high-speed crashes. 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 damages could be more severe as well.

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

It's no secret that litigation can be expensive. Attorneys representing plaintiffs must pay for travel, depositions expert witnesses, and court costs. They must receive the money of their clients as quick as they can. Fortunately, there are ways that plaintiffs can get their money faster after a settlement. These are known as post settlement advances or lawsuit loans. These are a great option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

There are a variety of factors that affect how long it takes to settle a truck crash case. The severity of your injuries is an important factor. It is crucial to wait until you've reached your maximum level of medical improvement before making a decision on settlement. This is because you might be eligible to claim future losses such as lost wages and diminished quality of life. Your attorney will need evidence to support these claims.

A dispute between two parties over the liability of either party can prolong the settlement process. This can often happen when there multiple insurance companies involved or if the parties are arguing over who is responsible for the accident.

A qualified truck accident attorney can assist you in determining whether the insurance company offers you a fair amount and if it will pay for future and current damages. If the insurance company refuses to negotiate, it may be necessary to file a lawsuit which could prolong the time frame for the case. In certain situations it may take a year or more to finish the case.

Settlement

There are many factors that can drastically alter the timeline it takes for an 18-wheeler lawsuit to settle. The severity of the injuries and insurance considerations are two of the factors that could affect the timeframe. It may also take some time for your doctor's report to show permanent impairments which could impact your future losses. You should never settle a claim for an accident too early, as this could leave you with no money to cover your full range damages.

Attorneys who represent plaintiffs in 18-wheeler collisions are paid on a contingency fee basis and do not get paid unless they win or negotiate an agreement. They have to pay for court costs along with travel and expert witness fees throughout the course of the case.

As you might imagine, this could add up quite a bit. Many 18-wheeler plaintiff lawyers use settlement cash advances or lawsuit loans to pay for their legal costs out of pocket. This lets them get the money sooner.