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

The time needed to settle a trucking accident case can vary from case to case. There are many variables that can affect the time frame of settlement.

For example, it can take a while to determine who is accountable for the accident. A lawyer can help you determine the responsible parties and maximize the settlement.

What to Expect

The time frame for accident settling in an 18 wheeler lawsuit is based on a variety of factors including the amount of the liability and damages. The case may be delayed if parties to the collision do not agree on the cause of the accident. If there are disagreements about the evidence or testimony of witnesses, this may delay the case.

Settlement amounts vary in proportion to the severity of injuries and the insurance policy of the trucking company and the current federal or state regulations that regulate commercial vehicles. Keep in mind that plaintiff attorneys are paid on the basis of contingency. This means they do not get paid until they win a case or reach an agreement.

Due to the serious and often fatal injuries that can result from semi-truck accidents, it's not surprising that these cases are big business for the lawyers who handle them. It's unusual to see settlements in these cases to exceed millions of dollars or more. This is particularly true when the trucking company has been declared to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year involving 18-wheelers. Many of these truck crashes result in serious injuries and even death. In many cases, insurance companies lowball the victims of these accidents by offering settlements that do not reflect the full extent of their injuries and the damages. However, a good attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these big insurance companies in order to obtain their clients the most lucrative settlements.

In a lawsuit brought against an gun barrel city 18 wheeler accident attorney-wheeler the defendants could be held responsible for economic and noneconomic damages. Economic damages could include medical bills, lost wages or future earnings. Non-economic damages include suffering and pain and emotional distress, disfigurement, and a diminished quality of life.

Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis. This means that they do not receive compensation until the case is settled and they agree to a settlement with their client. In the meantime, they must pay for court costs, conduct depositions and hire experts, other specialists, travel and pay for other expenses that are related to winning a case.

Damages

st ann 18 wheeler accident attorney wheeler accidents can cause serious injuries, especially in high-speed collisions. Due to the size and weight of these trucks, the impact of an accident can be more severe than a typical motor vehicle accident. The damages could also be more extensive.

In addition to the medical and property damages that result from a collision with an 18-wheeler, victims may also be entitled to compensation for lost wages and the grief that is caused by the loss of loved ones. If you have experienced loss as a result of a semi truck accident, a personal injury attorney will help you determine all of the compensation that you may be entitled to receive.

Legal proceedings can be costly. Attorneys representing plaintiffs need to pay for travel, depositions expert witnesses and court costs. They need the money of their clients as fast as possible. There are several ways plaintiffs can receive their money faster after a settlement. These are called post settlement advances, lawsuit loans, or settlement cash advances. These are an excellent way for injured parties to cover expenses while they wait on their settlement.

Timeline

A variety of factors affect the time required to settle an accident case which involves the truck. One major factor is the severity of your injuries. It is best to wait until your condition has improved to its maximum before you settle. You may be able claim future losses, for example, loss of wages or a lower standard of life. Your lawyer will have to prove your claims.

A dispute between the parties regarding the liability of either party can delay the settlement process. This is often the case when multiple insurance companies are involved, or the parties disagree on who was at fault.

A qualified truck accident attorney can assist you in determining whether the insurance company is willing to pay an amount that is fair and if it will be able to cover your future and current damages. If the insurance company is not willing to negotiate, you could require a lawsuit, which can lengthen the duration of the lawsuit. In certain instances the case could take more than a year to resolve.

Settlement

There are a few things that can make it take the longest time to settle a 18-wheeler lawsuit. The severity of the injuries and insurance considerations are two elements that can affect the timeline. It could take some time for your doctor's documentation to show permanent impairments which could affect the future loss you suffer. It is crucial to never settle your accident claim too early because it could leave you without the money you're entitled to for your entire range of losses.

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

As you might imagine, this could be quite costly. A lot of plaintiff attorneys with markham 18 wheeler accident attorney wheels use settlement cash advances or lawsuit loans to cover the legal expenses they incur out of pocket. This lets them get their money earlier.