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. The length of time for settlement may be affected by a number factors.

It can take some time to determine who is accountable for an accident. An attorney can help identify all the parties at fault and maximize the settlement.

What to Expect

The time frame for settling of a lawsuit against an 18-wheeler depends on many factors, including the liability and damages. If the parties involved in the incident are unable to reach an agreement on fault, this can greatly delay the process. In addition, if there are any disputes over evidence or witness testimony or testimony, it could take more time to resolve these issues.

Depending on the extent of the injuries, the size of the insurance policy of the trucking company and existing state or federal regulations governing commercial vehicles, settlement amounts may vary widely. It's important to note that plaintiff attorneys are paid on a contingency basis, meaning that they won't receive compensation unless they win or settle a case.

Due to the serious and often catastrophic injuries that can result from semi-truck accidents it's no surprise that these types of cases are lucrative for the lawyers who represent them. Therefore, it's not common for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company is declared to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these truck accidents result in serious injuries, or even death. Most often, insurance companies make it difficult for victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. A reputable 18 wheeler accident lawyer can negotiate with large insurance companies to secure the best settlement for their clients.

In an glendale Heights 18 Wheeler accident law firm-wheeler lawsuit the defendants could be held accountable for non-economic and economic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages can include pain and suffering and emotional distress, disfigurement, and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means they don't receive any money until they prevail and agree to an agreement with their client. In the meantime, they need to pay for court fees, take depositions, hire experts and other experts, travel and pay for other expenses related to winning the case.

Damages

chubbuck 18 wheeler accident law firm wheeler accidents can cause serious injuries, particularly when they're high-speed accidents. Due to the size and weight of these trucks, the impact of an accident can be more severe than a regular motor vehicle accident. This means that the damage could be higher as well.

In addition to the medical and property damages that can be caused by an dover 18 wheeler accident lawsuit-wheeler crash victims can also claim compensation for the loss of their wages and the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the maximum amount of compensation you are entitled to if have suffered losses as a result of a semi truck crash.

Litigation can be expensive. Attorneys representing plaintiffs must pay for depositions, travel expenses, expert witnesses and court costs. They must receive the money of their clients as quick as possible. There are a variety of ways that plaintiffs can get their money more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. These are a great option for those injured and need to cover their expenses while they await their settlement.

Timeline

There are a myriad of elements that determine the time it takes to settle a truck accident case. One of the major factors is the severity of your injuries. It is important to wait until you've reached maximum medical improvement before you settle. You may be able to claim future losses, such as loss of wages or a lower standard of living. Your lawyer will have to prove your claims.

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

An experienced truck accident lawyer can assist you in determining whether the insurance company is willing to pay an acceptable amount and if it will be able to cover your future and current damages. If the insurance company isn't willing to negotiate, you might need to file a suit that could prolong the duration of the case. In some instances, it could take a year or more to finish the case.

Settlement

There are several things that can dramatically extend the timeline it takes for an 18-wheeler lawsuit to settle. 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. You should never settle an injury claim too quickly, as it could leave you with no money to cover your full range damage.

Attorneys who represent plaintiffs in 18-wheeler accidents are paid on a contingency fee basis and do not get paid until they win or reach an agreement. They have to pay for court costs, travel expenses, and expert witness fees during the course of the case.

As you are able to imagine, this can add up quite a bit. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also called lawsuit loans or settlement cash advances) to pay for their legal costs out-of-pocket to be able to collect the money that they are owed sooner.