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

The time required to settle a truck accident case varies from one to the next. There are many factors that could affect the timeline of settlement.

For instance, it might take time to establish who is responsible for the accident. A lawyer can assist you identify all the parties at fault and maximize the settlement.

What to Expect

The timeframe for settling of a lawsuit against an 18-wheeler depends on a variety of factors, including the possibility of liability and damages. The case can be delayed if the parties involved in the collision do not reach an agreement on who is responsible. If there are disputes about the evidence or testimony of witnesses, this could delay the trial.

Depending on the extent of the injuries, the size of the insurance policy of the trucking company and the current state or federal regulations governing commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff attorneys are paid on the basis of a contingency. This means they are not paid until they succeed in winning a case or reach an agreement.

It's not a surprise that semi-truck accident cases are a lucrative business for lawyers. It's common for settlements in these cases to reach millions of dollars or more. This is particularly true when the trucking company is found to be negligent.

Liability

In the United States, there are more than 100,000 crashes each year that involve 18-wheelers. Many of these crashes result in serious injuries and even death. Most often, insurance companies lower the cost of victims of these accidents by offering settlement offers that don't reflect the full extent of their injuries and damages. However, a good 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 several types of damages, including non-economic and economic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Non-economic damages can include emotional distress, disfigurement and reduced quality of life.

Plaintiff attorneys who litigate 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they are successful and can negotiate an agreement with their client. In the meantime, they need to pay for court fees, take depositions, engage experts and other specialists, travel and pay for other expenses that are associated with winning the case.

Damages

18-wheeler accidents can lead to serious injuries, particularly if they happen at high speeds. The effects of an gilroy 18 wheeler accident law firm-wheeler collision can be more intense because of its size and weight. This means that the damage could be greater as well.

In addition to the medical and property damage that can result from an 18-wheeler crash victims can also receive compensation for the loss of their wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can assist you to determine the maximum amount of compensation you can receive if you have suffered losses as a result of an accident involving a semi truck.

It's not a secret that litigation can be costly. Attorneys representing plaintiffs need to pay for travel, depositions expert witnesses and court costs. They must get the money of their clients as soon as possible. Fortunately, there are ways that plaintiffs can receive their money faster after settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties who require to cover their expenses while waiting for their settlement.

Timeline

A variety of factors affect the length of time required to settle a case with a truck. The severity of your injuries is an important factor. It is crucial to wait until you have reached the point of maximum medical improvement before making a decision to settle. This is due to the fact that you may be able to claim future losses such as lost wages and a decreased quality of life. Your attorney will require evidence to prove these claims.

A dispute between two parties over the liability or damages could prolong the settlement process. This is often the case when multiple insurance companies are involved or the parties disagree about who is responsible.

A qualified truck accident lawyer will help you determine if the insurance company is offering a fair amount for your case and whether or it will cover all of your future and current losses. If the insurance company is not willing to negotiate, you may have to file a lawsuit, which can lengthen the timeline of the case. In some instances the case could take longer than a year to resolve.

Settlement

There are a few things that could cause a long time to settle a lawsuit against an livonia 18 wheeler accident attorney-wheeler. The extent of the injuries and insurance considerations are two of the factors that could affect the timeframe. It can take a while for your doctor to submit documentation of permanent impairments that could impact your future losses. Don't settle an accident claim too soon as this can leave you without money to cover your full range damages.

Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a contingency fee basis and do not get paid until they win or negotiate a settlement. They are responsible for court costs, travel expenses, and expert witness fees throughout the course of the case.

As you might imagine, this could be quite costly. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also called lawsuit loans or vimeo settlement cash advances) to pay for Vimeo their legal costs out-of-pocket to be able to collect the money they're owed sooner.