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 a number of 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 the parties responsible and maximize the settlement.

What to Expect

The time frame for settling in a lawsuit involving an 18-wheeler is contingent on a variety of factors such as liability and damages. If the participants in the crash are not able to reach an agreement on their respective faults, this could delay the proceedings. If there are disputes regarding the evidence or the testimony of witnesses, it could also delay the case.

Depending on the extent of the injuries, the scope of the insurance policy of the trucking company and the current state or federal regulations governing commercial vehicles settlement amounts may vary widely. It is important to keep in mind that plaintiff attorneys are paid on a contingency basis, which means they don't get paid unless they win or reach a settlement in a case.

Due to the serious and often catastrophic injuries that can result from accidents involving semi-trucks, it's not surprising that these cases are big business for the lawyers who handle them. It's uncommon to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company has been deemed negligent.

Liability

Each 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 often undervalue the injuries and damages suffered by victims in these accidents. However, a reputable 18 wheeler accident attorney can level the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the most lucrative settlements.

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

Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, which means that they don't get paid until they prevail and agree to an agreement for their client. In the meantime, they need to pay for court costs, conduct depositions and hire experts, other experts, travel and pay for other expenses that are required to win a case.

Damages

18 wheeler accidents can result in severe injuries, particularly in high-speed collisions. Due to the size and weight of these trucks, the impact can be more severe than a typical motor vehicle crash. This means that damages can be higher as well.

In addition to the property and medical damage that can result from the crash of an elwood 18 wheeler accident lawsuit wheeler victims can also receive compensation for the loss of their income and the grief caused by the loss of loved ones. A personal injury lawyer can help determine the total amount you are entitled to if you have suffered losses as a result of the crash of a semi-truck.

Litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses, and court costs. They must receive the money of their clients as quickly as they can. There are many 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 an excellent way for injured parties to pay expenses while waiting for their settlement.

Timeline

There are many factors that contribute to the time it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is best to wait until your condition has improved to the maximum before you settle. This is because you could be eligible to claim future losses such as lost wages and a decreased quality of life, and your attorney will need evidence to support these claims.

Another factor that can prolong the process of settlement is a dispute between two parties over liability or damages. This can occur when multiple insurance companies are involved, or the parties disagree on who is responsible.

A reputable lawyer for truck accidents will help you determine if the insurance company is providing you with an adequate amount for your case and whether or not it will pay for all of your current and future losses. If the insurance company is not willing to negotiate, you could need to file a suit and this can extend the duration of the case. In certain cases, it could take at least a year to resolve the case.

Settlement

There are a variety of factors which can significantly extend the time frame required for an 18 wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two aspects that can impact the timeline. It could take a bit of time for the documentation from your doctor to identify permanent impairments that could impact the future loss you suffer. Don't settle a claim for an accident too quickly as it may leave you without a sufficient amount to cover the full amount of losses.

Attorneys who represent plaintiffs in 18 wheeler-related accidents work on contingency fees. They don't get paid until they win their case or reach a settlement. They must pay for 18 wheeler accident attorney court costs, travel expenses, and expert witness fees during the course of a case.

As you are able to imagine, this can be quite costly. A lot of plaintiff attorneys with 18 wheels use settlement cash advances or lawsuit loans to cover their legal costs out of pocket. This lets them get their money earlier.