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

The time it takes to settle a truck accident case varies from one case to the next. The timeframe for settlement can be affected by several factors.

For example, it can take time to establish who is responsible for the accident. A lawyer can help identify the responsible parties and maximize the settlement.

What to Expect

The timeline for a settlement of a lawsuit involving an 18 wheeler accident attorney-wheeler is contingent on a myriad of factors, including the possibility of liability and damages. The case could be delayed if parties to the collision cannot agree on the cause of the accident. If there are disputes about the evidence or testimony of witnesses, this could delay the proceedings.

Based on the severity of the injuries, the size of the insurance policy of the trucking company and existing state or federal regulations governing commercial vehicles settlement amounts can vary widely. It's important to note that plaintiff attorneys are paid on a contingency basis, meaning they don't get paid until they prevail or settle the case.

Due to the serious and often fatal injuries that result from semi-truck accidents, it's no surprise that these cases are lucrative for the attorneys who litigate them. As such, it's not common for settlements in these cases to amount to millions of dollars or more. This is especially true when the trucking company has been declared to be negligent.

Liability

Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these crashes result in serious injuries or even death. Most often, 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. A skilled 18-wheeler accident lawyer can negotiate with large insurance companies and get the best settlement for their clients.

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

Attorneys who represent plaintiffs in 18 wheeler cases work on a contingency fee basis, which means that they don't receive any money until they are successful and can negotiate an agreement with their client. They must pay court costs, hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

18-wheeler accidents can cause serious injuries, especially when they occur at high speed. The impact of an 18-wheeler accident can be more than normal because of its weight and size. This means that the damage could be higher as well.

In addition to the medical and property damage that could result from a collision with an 18-wheeler victims could be able to claim compensation for lost wages 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 due to an accident involving a semi-truck.

The cost of litigation can be high. Attorneys representing plaintiffs must pay for things like travel to take depositions, pay expert witnesses, and cover costs for court, so they must receive their clients' money as soon as they can. There are many ways that plaintiffs can get their money more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties who need to cover their expenses while they await their settlement.

Timeline

A variety of factors affect the amount of time required to settle a case with trucks. The severity of your injuries is an important factor. You should wait until your medical condition has improved to its maximum before settling. You may be able to claim future losses, for example, lost wages or diminished quality of living. Your attorney will need to prove your claims.

A dispute between two parties over the liability or damages could delay the settlement process. This can occur when there are multiple insurance companies involved or when the parties are arguing about who was at fault for the incident.

A skilled truck accident lawyer can help you determine if the insurance company is offering a fair amount for your case and whether or not it will take care of all your future and current losses. If the insurance company is not willing to negotiate, you may require a lawsuit and this can extend the timeline of the case. In certain cases the case may take more than a full year to resolve.

Settlement

There are many things that can drastically alter the timeline it takes for an 18-wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two of the factors that can impact the timeline. It can take a while for your doctor to document of permanent impairments that could impact your future losses. You should never settle an accident claim too early, as this could result in you not having enough money to cover all damages.

Attorneys representing plaintiffs who litigate in 18-wheeler accidents are paid on a basis of contingency fees and do not get paid unless they prevail or reach an agreement. This means they've to pay for their own money to pay for the costs of court, travel, and expert witness costs all throughout this case.

As you can imagine, this can add up to quite a large amount. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also called settlement cash advances) to cover their out-of-pocket legal expenses in order to receive the money they're owed sooner.
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