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

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

It could take several months to determine who is accountable 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 lawsuit involving an 18-wheeler is dependent on many factors such as liability and damages. The case could be delayed if the parties in the collision are not able to agree on fault. If there is a dispute over the evidence or testimony of witnesses, this could also delay the case.

Based on the severity of the injuries, as well as the size of the trucking company's insurance policy and the current state or federal regulations for commercial vehicles, settlement amounts can be wildly different. It's important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning that they don't get paid until they prevail or reach a settlement in a case.

It's no surprise that semi-truck accident cases are a big business for lawyers. Settlements can often reach millions of dollars in these cases. 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 in the United States. Many of these truck crashes result in serious injuries or death. The majority of insurance companies make it difficult for victims of these accidents by offering settlement offers that do not reflect the extent of their injuries and damages. However, a skilled 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to get their clients maximum settlements.

The defendants in a lawsuit against an 18-wheeler could be held responsible for a variety of damages, including non-economic and economic damages. Economic damages could include medical bills, lost wages, and future earnings. Non-economic losses include pain and suffering and emotional distress, disfigurement and diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means they don't receive any money until they succeed in their case and negotiate a settlement for their client. In the meantime, they need to pay for court costs, conduct depositions, hire experts and other experts, travel and pay for other expenses required to win the case.

Damages

18-wheeler accidents can cause serious injuries, 18 wheeler accident attorney especially when they happen at high speeds. The impact of an 18-wheeler crash is more severe due to its weight and size. This means that the damage could be greater as well.

In addition to medical and property damages that may result from a 18-wheeler crash victims could be able to claim compensation for lost wages and grief due to the loss of loved ones. If you've suffered loss as a result of a semi truck accident, a personal injury attorney can assist you in determining all of the compensation you are entitled to receive.

It's not a secret that litigation can be costly. Plaintiff attorneys must pay for travel, depositions, expert witnesses, and court costs. They require the funds of their clients as fast as they can. Fortunately, there are ways that plaintiffs can get their money quicker after the settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while waiting on their settlement.

Timeline

There are a variety of factors that contribute to the time it takes to settle a truck accident case. The severity of your injuries is the primary factor. It is best to wait until your condition has improved to the maximum before making a decision on settlement. This is because you might be entitled to claim future losses, such as lost wages or a diminished quality of life. In addition, your attorney will need evidence to prove these claims.

Another reason that can delay the settlement process is a dispute between parties over the liability of damages or liability. This can often happen when there are multiple insurance companies involved or the parties are arguing over who was responsible for the incident.

A qualified attorney for truck accidents will help you determine if the insurance company will offer you an amount that is fair and if it will pay for future and current damages. If the insurance company isn't willing to negotiate, you could require a lawsuit that could prolong the duration of the lawsuit. In certain cases, it could take at least a year to solve the issue.

Settlement

There are a few things that can make it take some time to settle a lawsuit involving an mesa 18 wheeler accident attorney-wheeler. The extent of the injuries and insurance considerations are two aspects that can impact the timeline. It could take a bit of time for your doctor's records to demonstrate permanent impairments, which could impact the future loss you suffer. It is important that you never settle your accident claim too early as it can leave you without the money you're entitled to for your full range of losses.

Attorneys representing plaintiffs who litigate in 18-wheeler accidents are compensated on a contingency basis and are not paid unless they prevail or reach an agreement. This means that they've had to spend their own money to pay for court costs, travel and expert witness expenses during the course of the case.

As you can imagine, this can add up to quite a quite a lot. Many 18 wheeler plaintiff attorneys use post settlement advances (also called settlement cash advances) to cover their legal costs out-of-pocket so that they can get the money they're owed sooner.