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

The time required to settle a truck crash situation varies from case to the next. There are a number of variables that can affect the speed of settlement.

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

What to Expect

The time frame for settlement in a lawsuit involving an 18 wheeler accident lawyer-wheeler depends on a variety factors, including the liability and damages. The case may be delayed if parties to the collision are not able to agree on fault. In addition, if there are any disagreements about the evidence or witness testimony the process could take longer time to solve these issues.

Settlement amounts can differ greatly dependent on the severity of injuries and the insurance policy of the trucking company and the current state or federal regulations that govern commercial vehicles. It is important to keep in mind that plaintiff lawyers work on a contingency fee basis, which means they don't get paid until they win or reach a settlement in a case.

Because of the severe and often fatal 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. Settlements can often reach millions of dollars in these cases. This is particularly true when the trucking company is considered to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these accidents cause serious injuries and even death. In many cases, insurance companies reduce the victims of these accidents by offering settlement offers that do not reflect the full extent of their injuries and the damages. However, a good 18 wheeler accident attorney can level the playing field and negotiate with these big insurance companies to ensure that they offer their clients the maximum settlements.

The defendants in a case involving an 18 wheeler could be held accountable for various types of damages, including non-economic and economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement or diminished quality of life.

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

Damages

18 wheeler accidents can lead to serious injuries, particularly when they're high-speed crashes. Due to the weight and size of these trucks, the impact of an accident can be more devastating than a typical motor vehicle accident. This means that the damage could be greater as well.

In addition to the medical and property damages that may result from a crash involving an 18-wheeler, victims may also be entitled to compensation for the loss of wages and grief caused by the loss of loved ones. A personal injury lawyer can help determine the amount of compensation you are entitled to if have suffered losses due to an accident involving a semi-truck.

It's no secret that litigation is expensive. Plaintiff attorneys must pay for travel expenses to take depositions, pay experts as witnesses, and pay costs for court, so they need their clients' funds as quickly as possible. There are several ways plaintiffs can get their money faster after a settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to pay costs while waiting for their settlement.

Timeline

There are a variety of factors that affect the time it takes to settle a truck accident case. One of the major factors is the severity of your injuries. You should wait until your condition has improved to the maximum before you settle. This is because you might be entitled to claim future losses such as lost wages and a decreased quality of life. Your attorney will require evidence to prove these claims.

A dispute between the parties about damages or liability can also prolong the settlement process. This could happen when several insurance companies are involved or the parties do not agree on who was at fault.

A reputable truck accident attorney can help you determine whether the insurance company provides you with an acceptable amount and if it will pay for future and current damages. If the insurance company is not willing to negotiate, you might require a lawsuit that could prolong the time frame of the case. In some instances it could take a year or more to solve the issue.

Settlement

There are several things that can dramatically extend the time required 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 report to demonstrate permanent impairments, which could affect the future loss you suffer. It is essential to not settle your claim for 18 wheeler accident an accident too early because it could result in you not receiving the funds you'll need to cover your full range of losses.

Plaintiff attorneys who litigate 18 wheeler-related accidents work on contingency fees. They don't get paid until they prevail or reach an agreement. This means they have had to spend their own money to pay for court costs, travel, and expert witness expenses during the course of this case.

As you can imagine, this could add up to a quite a lot. A lot of mitchell 18 wheeler accident lawsuit wheeler plaintiff lawyers make use of post settlement advances (also called lawsuit loans or settlement cash advances) to cover their legal costs out-of-pocket to be able to collect the money they're owed sooner.