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. There are a number of factors that can influence the speed of settlement.

It could take several months to determine who is responsible for an accident. A lawyer can assist you determine all the parties responsible and maximize the amount you receive.

What to Expect

The time frame for settling in a lawsuit against an 18-wheeler is contingent on a variety of factors such as the amount of liability and damages. If the parties involved in the accident cannot reach an agreement on the fault, this can greatly delay the trial. If there is disagreement over the credibility of witnesses or evidence of witnesses, this may delay the trial.

Based on the severity of the injuries, the scope of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles, settlement amounts can be wildly different. It's important to remember that plaintiff attorneys work on a contingency fee basis, meaning that they won't get paid until they win or reach a settlement in a case.

Because of the severe and often fatal injuries that can result from semi-truck accidents, it's not a surprise that these cases are huge business for lawyers who handle them. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking firm has been deemed negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. A lot of these truck accidents cause serious injuries and even death. Most often, insurance companies reduce the victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. However, a good attorney for 18 wheeler accidents can even the playing field and negotiate with these big insurance companies in order to obtain their clients the maximum settlements.

The defendants in a lawsuit involving an 18-wheeler could be held responsible for several types of damages, including non-economic and economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic losses include suffering and pain as well as emotional distress, disfigurement, and diminished quality of life.

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, which means they aren't paid until they succeed in their case and negotiate a settlement for their client. They must pay court fees and also hire experts, specialists, travel and other costs associated in winning the case.

Damages

18 wheeler accidents can result in serious injuries, particularly when they're high-speed accidents. The impact of an 18 wheeler accident law firms-wheeler accident can be more serious due to its size and weight. This means that the damages could be higher as well.

In addition to the medical and property damages that can result from a collision with an 18-wheeler victims could also be entitled to compensation for accidents lost wages and the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if you were a victim of an accident involving a semi-truck.

The costs of litigation can be quite high. Attorneys representing plaintiffs must pay for travel expenses and depositions, as well as hire expert witnesses, and pay court costs, so they must get their clients' funds as quickly as possible. Fortunately, there are ways for plaintiffs to get their money quicker after an agreement. These are known as post settlement advances or lawsuit loans. They are a great choice for those injured and need to pay for their expenses while waiting for their settlement.

Timeline

Many factors influence the length of the time it takes to settle an accident case that involves a truck. One of the major factors is the severity of your injuries. You should wait until your medical condition has improved to the maximum before you settle. This is because you may be able to claim future losses, such as lost wages and diminished quality of life, and your attorney will need evidence to prove these claims.

Another factor that can lengthen the settlement process is a dispute between two parties about liability or damages. This can often happen when there are several insurance companies involved, or if the parties are arguing over who was responsible for the incident.

A reputable lawyer for truck accidents can help you determine whether the insurance company is offering you a fair amount for your case, and whether or it will cover all of your current and future losses. If the insurance company is unwilling to compromise, it could be required to file a lawsuit which can extend the timeline for the case. In certain cases the case may take longer than a year for the resolution.

Settlement

There are a variety of factors that can drastically alter the time frame required for an 18 wheeler lawsuit to reach a settlement. This includes the severity of injuries and the insurance concerns involved. It could take some time for your doctor's records to show permanent impairments which could impact the future loss you suffer. It is vital to never settle your claim too early, as it could leave you without the money you're entitled to for your entire range of injuries.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents work on contingency fees. They don't get paid until they prevail or reach an agreement. They must pay for court costs along with travel and expert witness fees during the trial.

As you are able to imagine, this can be quite costly. Many 18 wheeler plaintiff attorneys utilize post settlement advances (also called settlement cash advances) to cover their out-of-pocket legal expenses to get the money that they are owed sooner.