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

The time required to settle a truck accident case varies from one case to the next. There are a number of variables that can affect the time frame of settlement.

For instance, it may take a while to determine who is responsible for the accident. A lawyer can assist you determine the responsible parties and maximize your settlement.

What to Expect

The time frame for settlement in an 18 wheeler lawsuit is dependent on many factors including the amount of the possibility of liability and damages. If the parties involved in the incident are not able to reach an agreement on fault, this can greatly delay the process. If there are disputes over the credibility of witnesses or evidence of witnesses, this may delay the proceedings.

Depending on the extent of the injuries, the amount of the trucking company's insurance policy and existing state or federal regulations that govern commercial vehicles, settlement amounts can differ widely. It's 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 settle a case.

Due to the serious and often catastrophic injuries that result from accidents involving semi-trucks, it's not a surprise that these cases are big business for the lawyers who represent them. Settlements can often reach millions of dollars in these cases. This is especially true if the trucking firm has been deemed negligent.

Liability

In the United States, there are more than 100,000 accidents every year that involve 18-wheelers. Many of these truck accidents result in serious injuries and even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. However, a skilled attorney for 18 wheeler accidents can even the playing field and negotiate with these massive insurance companies to get their clients the most lucrative settlements.

In an 18-wheeler lawsuit, the defendants may be held liable for economic and noneconomic damages. Economic damages could be a result of medical bills, lost wages and future earnings. Non-economic losses include suffering and pain and emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler accident lawsuit wheeler cases are paid on a contingency basis, meaning that they don't receive any money until they win their case and reach an agreement for their client. They have to pay court costs as well as hire experts, other specialists, travel and other expenses associated in winning the case.

Damages

18 wheeler accidents (http://moden126.mireene.Com) can cause severe injuries, especially when they're high-speed accidents. The effects of an 18-wheeler collision can be more serious due to its weight and size. This means that the damage could be more severe as well.

In addition to the medical and property damages that can result from an 18 wheeler accident law firms-wheeler collision victims could be able to claim compensation for the loss of earnings and grief caused by the loss of loved ones. If you have experienced losses from 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 expensive. Attorneys representing plaintiffs must pay for travel expenses for depositions, travel to court, hire expert witnesses, and pay costs for court, so they must get their clients' funds as quickly as possible. 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. They are a great option for injured parties to cover expenses while waiting for their settlement.

Timeline

There are many factors that affect the the time it takes to settle a case with the truck. One major factor is the severity of your injuries. It is important to wait until you have reached maximum medical improvement before you settle. You may be able to claim future losses, including lost wages or the lower quality of living. Your attorney will need to present evidence to support your claims.

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

An experienced truck accident lawyer can help you determine whether the insurance company is willing to pay an acceptable amount and if it will cover future and present damages. If the insurance company is not willing to negotiate, you might have to file a lawsuit and this can extend the time frame of the case. In some cases, it could take up to a year or more resolve the case.

Settlement

There are many factors that can drastically alter the time required for an 18 wheeler lawsuit to reach a settlement. The severity of the injuries and insurance considerations are two elements that could affect the timeframe. It may also take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. It is vital to never settle your claim too early because it could result in you not receiving the funds you'll need to recuperate the full extent of your damage.

Plaintiff attorneys who litigate in 18-wheeler collisions are paid on a contingency fee basis and do not get paid until they win or negotiate an agreement. They have to pay for court costs as well as travel expenses and expert witness fees throughout the trial.

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 help offset their out-of-pocket legal expenses to get the money they're owed sooner.