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

The time required to settle a truck accident case varies from one to the next. There are a number of factors that affect the speed of settlement.

It can take several months to determine who is responsible for an accident. A lawyer can help identify the responsible parties and maximize the settlement.

What to Expect

The timeframe for settling in a lawsuit involving an 18-wheeler depends on a variety factors which include the amount of liability and damages. The case can be delayed if the parties involved in the collision are not able to reach an agreement on who is responsible. Furthermore, if there is any disputes over witnesses' testimony or evidence and testimony, it could take longer time to solve these issues.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and any existing federal or state regulations that govern commercial vehicles, settlement amounts can vary widely. It is important to keep in mind that plaintiff attorneys work on a contingency fee basis, which means they don't get paid unless they win or settle a case.

Due to the serious and often fatal injuries that result from accidents involving semi-trucks, it's no surprise that these types of cases are lucrative for the attorneys who litigate them. It's unusual to see settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company has been found to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheeler accident lawsuits wheelers across the United States. A lot of these truck accidents cause severe injuries and even death. Insurance companies often underestimate the injuries and damages of the victims in these accidents. A reputable 18-wheeler accident lawyer can negotiate with big insurance companies and get the most favorable settlement for their clients.

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

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means they aren't paid until they win their case and reach a settlement for their client. They must pay court costs as well as hire experts, other specialists, travel and other costs associated with winning the case.

Damages

18-wheeler accidents can cause serious injuries, particularly when they happen at high speeds. The consequences of an accident involving an 18-wheeler can be more severe due to its weight and size. The damage could be greater.

In addition to the medical and property damage that can result from an 18 wheeler crash victims can also claim compensation for lost earnings and the pain caused by the loss of a loved one. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if have suffered losses as a result of a semi truck crash.

The costs of litigation can be quite high. Plaintiff attorneys need to pay for travel expenses, take depositions, hire expert witnesses, and cover costs for court, so they require their clients' money as fast as they can. There are many ways that plaintiffs can get their money faster after a settlement. These are called post-settlement advances, lawsuit loans, or settlement cash advances. They are a great choice for injured parties who require to pay for their expenses while waiting for their settlement.

Timeline

There are a myriad of factors that influence the time it takes to settle a truck accident case. The severity of your injuries is a major factor. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. You may be able to claim future losses, including loss of wages or a lower standard of life. Your attorney will need to provide evidence to support your claims.

A dispute between two parties over the liability or damages could delay the settlement process. This could happen when several insurance companies are involved, or the parties disagree about who is responsible.

A qualified truck accident lawyer will help you determine if the insurance company is providing you with an adequate amount to settle your case and whether or not it will pay for all of your current and future losses. If the insurance company is not willing to negotiate, you may need to file a suit that could prolong the duration of the case. In certain situations, it could take at least a year to finish the case.

Settlement

There are a few things which can cause some time to settle a lawsuit against an 18-wheeler. The extent of the injuries and insurance considerations are two elements which can influence the length of time. It could also take time for your doctor's records to reveal permanent impairments that could impact the future loss you suffer. Do not settle a claim for an accident too early, as this could result in you not having enough money to cover all losses.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fee and don't get paid until they win their case or reach an agreement. They have to pay for court costs as well as travel expenses and expert witness fees throughout the course of the case.

As you are able to imagine, this can add up quite a bit. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also known as lawsuit loans or settlement cash advances) to offset the legal costs they incur out of pocket so that they can get the money they owe sooner.