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

The time it takes to settle a truck crash case varies from one case to the next. There are many factors that affect the speed of settlement.

It could take an extended time to determine who is responsible for an accident. A lawyer can help identify all parties responsible and help maximize the settlement.

What to Expect

The time frame for settlement of a lawsuit involving an radcliff 18 wheeler accident law firm-wheeler is contingent on a myriad of factors, including the amount of liability and damages. The case could be delayed if the parties involved in the collision cannot reach an agreement on who is responsible. Furthermore, if there is any disagreements over witness testimony or evidence, it may take more time to resolve these issues.

Settlement amounts can vary greatly according to the severity of injuries, the insurance policy of the trucking firm and the state or federal regulations that regulate commercial vehicles. Remember that plaintiff lawyers are paid on a contingency basis. This means they do not get paid until they succeed in winning a case or reach a settlement.

Because of the severe and often fatal injuries that result from semi-truck accidents it's not surprising that these cases are big business for the lawyers who handle them. As such, it's not uncommon for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company is considered to be negligent.

Liability

Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these truck accidents result in serious injuries or death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a reputable attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these huge insurance companies to get their clients the most lucrative settlements.

In an 18-wheeler lawsuit the defendants could be held responsible for non-economic and economic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Other damages include emotional distress, disfigurement and diminished quality of life.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means they don't receive any money until they prevail and agree to a settlement for their client. They must pay court fees as well as hire experts, other specialists, travel and other expenses that go along in winning the case.

Damages

18 wheeler accidents can lead to severe injuries, especially when they're high-speed accidents. The consequences of an accident involving an 18-wheeler could be more than normal due to its size and weight. This means that damages can be greater as well.

In addition to the property and medical damage that can result from an Surfside 18 wheeler Accident attorney wheeler crash victims may also be eligible for compensation for their lost wages and the grief caused by the loss of loved ones. If you've suffered losses in a semi truck accident, a personal injury attorney can assist you in determining all of the compensation you could be entitled to receive.

Litigation can be expensive. Attorneys representing plaintiffs have to pay for things like travel to take depositions, pay experts as witnesses, and pay costs for court, so they need their clients' money as soon as they can. There are many ways that plaintiffs can get their money faster following a settlement. These are referred to as 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

There are many factors that affect the amount of time required to settle an accident case that involves the truck. The severity of your injuries is a major factor. It is important to wait until you've achieved your maximum medical improvement before settling. You may be able claim future losses, such as lost wages or diminished quality of living. Your lawyer will have to prove your claims.

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

An experienced truck accident lawyer can help you determine if the insurance company offers you an adequate amount and whether it will pay for future and current damages. If the insurance company isn't willing to negotiate, you might require a lawsuit which could extend the duration of the case. In some cases, it could take an entire year or more to settle the case.

Settlement

There are many factors that can drastically alter the timeline it takes for an 18 wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations involved. It could take some time for your doctor's report to show permanent impairments which could impact the future loss you suffer. Do not settle an injury claim too soon as this can leave you without money to cover all losses.

Plaintiff attorneys who take on 18-wheeler collisions are paid on a contingency fee basis and do not get paid unless they win or reach a settlement. This means that they've had to put aside their own money to cover court costs, travel, and expert witness expenses all during the course of this case.

As you can imagine, this can add up to quite a lot. A lot of plaintiff attorneys with charleroi 18 wheeler accident lawyer wheels use settlement cash advances or lawsuit loans to pay for firms their legal expenses out of pocket. This lets them receive the funds earlier.