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

The time it takes to settle a trucking crash situation can differ from case to case. There are many factors that affect the length of time to settle.

It can take a long time to determine who is responsible for an accident. A lawyer can assist in identifying all liable parties and maximize the settlement.

What to Expect

The timeframe for settling in a case involving an 18-wheeler depends on a variety factors, including the possibility of liability and damages. If the participants in the crash are unable to reach an agreement regarding fault, this can greatly delay the case. If there are disputes over the credibility of witnesses or evidence of witnesses, this can delay the proceedings.

Settlement amounts can differ greatly according to the severity of injuries, the insurance policy of the trucking company and the current federal or state regulations that govern commercial vehicles. It's important to keep in mind that plaintiff attorneys are paid on a contingency basis, vimeo meaning that they won't get paid until they prevail or settle a case.

Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are lucrative for the attorneys who litigate them. Therefore, it's not unusual to see settlements in these cases to exceed millions of dollars or more. This is especially true when the trucking company is considered to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these crashes result in serious injuries and even death. Most often, insurance companies reduce the victims of these accidents with settlement offers that do not reflect the extent of their injuries and damages. However, a reputable attorney for 18 wheeler accidents can level the playing field and negotiate with these large insurance companies in order to obtain their clients the highest settlements.

The defendants in a lawsuit against an 18-wheeler could be held responsible for various damages, including economic and non-economic damages. Economic damages may include medical bills, lost wages and future earnings. Other damages include emotional distress, disfigurement, and reduced quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means they aren't paid until they win their case and reach an agreement for their client. In the meantime, they have to cover court costs, take depositions, engage experts and other specialists, travel and Vimeo pay for other expenses required to win the case.

Damages

18-wheeler accidents can lead to serious injuries, especially if they occur at high speed. Due to the weight and size of these trucks, the impact could be more severe than a regular motor vehicle crash. This means that the damage could be greater as well.

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

It's no secret that litigation can be expensive. Plaintiff attorneys must pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay court costs, so they must get their clients' money as fast as possible. There are ways that plaintiffs can receive their money quicker after an agreement. These are called post-settlement advances, lawsuit loans, or settlement cash advances. They are a great option for injured parties to pay expenses while waiting for their settlement.

Timeline

There are a myriad of elements that determine how long it takes to settle a truck accident case. The severity of your injuries is a major factor. It is important to wait until you have reached the point of maximum medical improvement before settling. This is due to the fact that you may be eligible to claim future losses such as lost wages or diminished quality of life, and your attorney will need evidence to support these claims.

Another factor that can lengthen the settlement process is a dispute between two parties over liability or damages. This can happen when multiple insurance companies are involved or the parties disagree on who was at fault.

A reputable truck accident lawyer can help you determine if the insurance company is offering an adequate amount to settle your case and whether or the insurance company will take care of all your future and current losses. If the insurance company isn't willing to negotiate, you might require a lawsuit and this can extend the time frame of the case. In certain instances, the case could take longer than a year to settle.

Settlement

There are several factors that could cause the longest time to settle a lawsuit against an 18-wheeler. This includes the severity of injuries and the insurance concerns involved. It could take some time for your doctor's report to show permanent impairments which could impact the future loss you suffer. Don't settle a claim for an accident too quickly, as it could leave you with no money to cover the full amount of damages.

Attorneys representing plaintiffs who litigate in 18-wheeler crashes are paid on a contingency fee basis and do not get paid unless they win or agree to a settlement. They are required to pay court costs as well as travel expenses and expert witness fees throughout the course of the case.

As you can imagine, this can add up quite a bit. A lot of plaintiff attorneys with 18 wheels employ settlement cash advances, or lawsuit loans to cover their legal costs out of pocket. This allows them to get the money sooner.