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

The amount of time required to settle a trucking accident situation can differ from case to case. The timeframe for settlement can be affected by several factors.

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

What to Expect

The timeline for a settlement of a 18-wheeler lawsuit is dependent on a myriad of factors, including liability and damages. If the participants in the crash are not able to reach an agreement on responsibility, this could greatly delay the case. If there are disagreements about the evidence or testimony of witnesses, this can delay the proceedings.

Based on the severity of the injuries, the size of the insurance policy of the trucking company and the current state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. Keep in mind that plaintiff attorneys are paid on an on a contingency basis. This means they do not get paid until they are successful in a case or agree to an agreement.

Because of the severe and often catastrophic injuries that result from semi-truck accidents, it's no surprise that these types of cases are a huge business for the lawyers who represent them. As such, it's not common to see settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company has been found to be negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheeler accident attorneys wheelers in the United States. Many of these truck crashes result in serious injuries or even death. Most often, insurance companies make it difficult for victims of these accidents with settlement offers that do not reflect the extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to get their clients the most lucrative settlements.

The defendants in an 18 wheeler lawsuit could be held accountable for a variety of damages, including non-economic and economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages could include emotional distress, disfigurement, and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are compensated on a contingent basis. This means that they won't receive compensation until their case is won and they reach a settlement with their client. In the meantime, they need to pay for court fees, take depositions, hire experts and other specialists, travel, and pay for other expenses that are required to win the case.

Damages

18 wheeler accidents can lead to serious injuries, particularly in high-speed collisions. Due to the weight and size of these trucks, the impact may be even more severe than a typical motor vehicle accident. This means that the damages could be greater as well.

In addition to medical and property damages that can result from a crash involving an 18-wheeler, victims may be able to claim compensation for lost wages and the grief caused by the loss of a loved. A personal injury lawyer can help determine the full compensation you are entitled to when you have suffered losses as a result of an accident involving a semi-truck.

It's not a secret that litigation is expensive. Plaintiff attorneys must pay for travel, depositions expert witnesses, and court costs. They must get the money of their clients as quick as they can. There are a variety of ways that plaintiffs can receive their money sooner after settlement. These are referred to as post-settlement advances, lawsuit loans, or settlement cash advances. These are an excellent option for those injured and need to pay for their expenses while waiting for 18 wheeler accident attorney their settlement.

Timeline

There are many factors that affect the length of the time it takes to settle an accident case that involves the truck. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before making a decision on settlement. This is because you could be eligible to claim future losses such as lost wages and a decreased quality of life, and your attorney will require evidence to support these claims.

Another factor that can lengthen the settlement process is a dispute between parties over liability or damages. This can occur when multiple insurance companies are involved, or the parties do not agree on who was at fault.

A qualified truck accident lawyer can assist you in determining if the insurance company is offering an acceptable amount for your case, and whether or the insurance company will take care of all your future and current losses. If the insurance company refuses to negotiate, it may be necessary to file a suit, which could extend the duration of the case. In certain cases it could take longer than a year to settle.

Settlement

There are a variety of factors which can significantly extend the time required for an 18 wheeler lawsuit to reach a settlement. The degree of the injuries and insurance considerations are two of the factors that could affect the timeframe. It could take a bit of time for your doctor's records to reveal permanent impairments that could affect the future loss you suffer. It is vital to not settle your claim for an accident in a hurry, as it may leave you without the money you need to recover for the full extent of your injuries.

Attorneys who represent plaintiffs in 18-wheeler accidents are paid on a basis of contingency fees and are not paid until they win or agree to a settlement. This means that they've to pay for their own money to cover expenses for travel, court costs and expert witness costs all during the this case.

As you are able to imagine, this can be quite costly. A lot of plaintiff attorneys with 18 wheels use settlement cash advances or lawsuit loans to cover their legal expenses out of pocket. This allows them to access the funds sooner.