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 many factors that could affect the speed of settlement.

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

What to Expect

The timeframe for settling of a lawsuit involving an 18-wheeler is contingent on many factors, including the liability and damages. The case could be delayed if the parties in the collision do not agree on the fault. In addition, if there are any disputes over evidence or witness testimony or testimony, it could take more time to solve these issues.

Based on the severity of the injuries, as well as the size of the insurance policy of the trucking company and any existing federal or state regulations for commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff lawyers are paid on the basis of contingency. This means that they don't get paid until they are successful in a case or agree to an agreement.

Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's no surprise that these cases are lucrative for the attorneys who litigate them. Settlements can reach millions of dollars in these cases. This is particularly true when the trucking firm has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents each year that involve 18-wheelers. Many of these crashes result in serious injuries and even death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies to ensure that they offer their clients the most lucrative settlements.

The defendants in a case involving an 18 wheeler could be held responsible for various types of damages, including economic and non-economic damages. Economic damages could include medical bills, wages lost and future earnings. Non-economic damages include pain and suffering as well as emotional distress, disfigurement and a lower quality of life.

Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, meaning that they aren't paid until they prevail and agree to a settlement for their client. In the meantime, they have to pay for court costs, conduct depositions, hire experts and other specialists, travel, and pay for other costs related to winning a case.

Damages

18-wheeler accidents could cause serious injuries, especially when they occur at high speeds. Due to the size and weight of these trucks, the impact may be more severe than a typical motor vehicle accident. This means that the damage could be greater as well.

In addition to medical and property damages that result from a collision with an 18-wheeler, victims may be able to claim compensation for lost wages and grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the full compensation you are entitled to if were a victim of an accident involving a semi-truck.

Litigation can be expensive. Plaintiff attorneys must pay for things like travel for depositions, travel to court, hire expert witnesses, and cover court costs, so they need their clients' money as soon as they can. There are many ways that plaintiffs can get their money faster after a settlement. These are referred to as post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to cover expenses while they wait on their settlement.

Timeline

There are many factors that affect the time it takes to settle a case with the truck. The severity of your injuries is a major factor. It is essential to wait until you've achieved your maximum medical improvement before making a decision on settlement. This is because you might be eligible to claim future losses, such as lost wages and diminished quality of life, and your attorney will require evidence to support these claims.

A dispute between the parties regarding the liability or damages could prolong the settlement process. This is often the case when multiple insurance companies are involved, or the parties do not agree on who was at fault.

A skilled truck accident lawyer can assist you in determining if the insurance company is providing you with an acceptable amount for your case and whether or the insurance company will be able to cover all of your future and current losses. If the insurance company is unwilling to compromise, it could be necessary to file a suit, which could extend the time frame for the case. In certain cases, the case could take more than a full year to resolve.

Settlement

There are a variety of factors that can drastically alter the time it takes for an 18-wheeler lawsuit to reach a settlement. The severity of the injuries and insurance considerations are two aspects that can affect the timeline. It could take time for your doctor to submit documentation of permanent impairments that could impact your future losses. It is vital to never settle your claim in a hurry, as it may leave you without the money you need to recover for your full range of injuries.

Plaintiff attorneys who litigate in 18-wheeler accidents are compensated on a contingent fee basis and are not paid until they win or agree to a settlement. They are responsible for court costs, travel expenses, and expert witness fees during the process of a case.

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