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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 variables that can affect the length of time to settle.

For instance, it may take time to establish who is accountable for the accident. A lawyer can help identify all the parties at fault and maximize the settlement.

What to Expect

The timeline for a settlement of a lawsuit involving an 18-wheeler is contingent on many factors, including liability and damages. The case may be delayed if the parties involved in the collision are not able to agree on the cause of the accident. If there are disagreements over the credibility of witnesses or evidence of witnesses, this may delay the trial.

Depending on the extent of the injuries, as well as the size of the trucking company's insurance policy and the existing state or federal regulations for commercial vehicles, settlement amounts may vary widely. Remember that plaintiff lawyers are paid on a contingency basis. This means that they do not get paid until they have won a case, or reached an agreement.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's not surprising that these cases are huge business for lawyers who handle them. In this way, it's not unusual to see settlements in these cases to amount to millions of dollars or more. This is especially true if the trucking company has been found to be negligent.

Liability

Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these accidents cause serious injuries or even death. The majority of insurance companies lower the cost of victims of these accidents with settlement offers that don't reflect the full extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to get their clients maximum settlements.

In a case involving an 18-wheeler the defendants could be held accountable for non-economic and economic damages. Economic damages can include medical bills, wages lost and future earnings. Other damages include emotional distress, disfigurement or reduced quality of life.

Plaintiff attorneys who take part in 18 wheeler cases are paid on a contingent basis. This means that they don't receive compensation until their case is resolved and they negotiate a settlement with their client. They must pay court costs and also hire experts, specialists, travel, and other expenses that go along with winning the case.

Damages

18 wheeler accidents can cause severe injuries, especially when they're high-speed accidents. The consequences of an accident involving an 18 wheeler accident lawsuit-wheeler can be more severe due to its size and weight. The damage could be greater.

In addition to the physical and medical damage that can result from an 18-wheeler accident, victims can also receive compensation for lost earnings and the pain caused by the loss of loved ones. If you've suffered losses from a semi truck accident, a personal injury attorney can help you determine all of the compensation that you may be entitled to receive.

The cost of litigation can be high. Plaintiff attorneys must pay for depositions, travel expenses, expert witnesses, and court costs. They require the funds of their clients as soon as possible. There are a variety of ways plaintiffs can receive their money quicker after a settlement. These are known as post-settlement advances, lawsuit loans or 18 wheeler accident attorney settlement cash advances. They are a great method for injured parties to pay expenses while they wait on their settlement.

Timeline

There are a variety of factors that influence how long it takes to settle a truck crash case. One of the major 18 wheeler accident attorney factors is the severity of your injuries. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. This is because you may be entitled to claim future losses, such as lost wages and a decreased quality of life. Additionally, your attorney will require evidence to prove these claims.

Another factor that can prolong the settlement process is a dispute between parties over the liability of damages or liability. This can occur when there multiple insurance companies involved or when the parties are disputing who was responsible for the accident.

An experienced truck accident lawyer can help you determine whether the insurance company provides you with a fair amount and if it will be able to cover your future and current damages. If the insurance company refuses to negotiate, it might be necessary to file a lawsuit that could extend the timeline for the case. In certain cases the case could take longer than a year to settle.

Settlement

There are a few factors that can make it take a long time to settle an 18-wheeler lawsuit. This includes the severity of injuries and the insurance implications. It can take a while for your doctor to document of permanent impairments that could impact your future losses. Do not settle a claim arising from an accident too quickly as it may leave you without money to cover the full amount of losses.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents work on contingency fees. They don't get paid until they prevail or reach a settlement. They are required to pay court costs, travel expenses, and expert witness fees throughout the course of a case.

As you might imagine, this could add up quite a bit. Many plaintiff attorneys who are 18-wheelers utilize settlement cash advances or lawsuit loans to pay for the legal expenses they incur out of pocket. This allows them to get their money earlier.