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

The time it takes to settle a truck accident situation varies from case to the next. There are many factors that can influence the timeline of settlement.

For example, it can take a while to determine who is accountable for the accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The time frame for settling in an 18 wheeler accident lawyers wheeler lawsuit depends on a variety factors, including the liability and damages. If the participants in the crash are not able to reach an agreement on the fault, this can greatly delay the proceedings. If there is disagreement regarding the evidence or the testimony of witnesses, this may delay the case.

Settlement amounts can be wildly different according to the severity of injuries, the insurance policy of the trucking company and the laws and regulations of the federal or state that regulate commercial vehicles. It's important to note that plaintiff lawyers are paid on a contingency basis, which means they don't receive compensation unless they win or settle a case.

It's no surprise that semi-truck accident cases are a huge business for attorneys. Settlements can reach millions of dollars in these cases. This is especially true when the trucking company is deemed negligent.

Liability

Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these truck crashes result in serious injuries or even death. Insurance companies tend to undervalue the injuries and damages of victims in these accidents. However, an experienced attorney representing victims of accidents on 18 wheels can level the playing field and negotiate with these massive insurance companies to secure their clients the highest settlements.

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

Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingency basis. This means that they don't receive compensation until their case is settled and they reach a settlement with their client. They must pay court fees, hire experts, other specialists, travel, and other expenses associated in winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially if they happen at high speeds. Due to the weight and size of these trucks, the impact can be more severe than a normal motor vehicle crash. This means that the damages could be higher as well.

In addition to medical and property damage that could result from an 18-wheeler collision, victims may also be entitled to compensation for lost wages and grief caused by the death of a loved. A personal injury lawyer can assist you to determine the amount of compensation you are entitled to if you have suffered losses due to the crash of a semi-truck.

Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses and court costs. They need the money of their clients as quick as possible. There are a variety of ways that plaintiffs can get their money faster after a settlement. These are known as post settlement advances, lawsuit loans, or settlement cash advances. These are a great way for injured parties to cover expenses while they wait on their settlement.

Timeline

A variety of factors affect the amount of time it takes to settle a case involving the truck. One major factor is the severity of your injuries. It is essential to wait until you have reached your maximum level of medical improvement before making a decision to settle. This is because you could be entitled to claim future losses such as lost wages and diminished quality of life. In addition, your attorney will need evidence to prove these claims.

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

A qualified truck accident attorney can help you determine if the insurance company provides you with a fair amount and if it will cover future and present damages. If the insurance company is unwilling to compromise, it could be necessary to file a lawsuit which could prolong the duration of the case. In certain instances, the case could take more than a year to settle.

Settlement

There are many factors that can dramatically extend the time it takes for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance concerns involved. It may also take some time for your doctor's documentation to show permanent impairments which could impact your future losses. It is crucial to not settle your claim for an accident too early as it can result in you not receiving the funds you need to recover for your entire range of damages.

Plaintiff attorneys who take on 18-wheeler collisions are paid on a contingency fee basis and do not get paid unless they win or reach a settlement. This means they've had to put aside their own money to pay for court costs, travel and expert witness expenses all throughout the case.

As you can imagine, this can add up to a lot. Many 18 Wheeler accident lawsuit wheeler plaintiff attorneys utilize post settlement advances (also called settlement cash advances) to cover the legal costs they incur out of pocket so that they can get the money they owe sooner.