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 a number of factors that can influence the length of time to settle.

For instance, it may take some time to determine who is liable for the accident. A lawyer can assist you determine the responsible parties and maximize your settlement.

What to Expect

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

Depending on the extent of the injuries, the size of the insurance policy of the trucking company and any existing federal or state regulations that govern commercial vehicles, settlement amounts can be wildly different. Keep in mind that plaintiff attorneys are paid on the basis of a contingency. This means that they do not get paid until they have won a case, or reached a settlement.

Due to the serious and often fatal injuries that result from semi-truck accidents it's no surprise that these cases are huge business for attorneys who handle them. In this way, it's not common to see settlements in these cases to be millions of dollars or more. This is especially true if the trucking firm has been found to be negligent.

Liability

In the United States, there are more than 100,000 accidents per year that involve 18-wheelers. Many of these crashes result in serious injuries or even death. Often, insurance companies will lowball the victims of these accidents by offering settlements that do not reflect the extent of their injuries and damages. However, an experienced attorney for 18 wheeler accidents can even the playing field and negotiate with these large insurance companies to secure their clients the maximum settlements.

The defendants in a lawsuit involving an owasso 18 wheeler accident law firm-wheeler could be held responsible for various types of damages, including non-economic and economic damages. The economic damages can be medical bills, lost wages, and future earnings. Non-economic damages can include emotional distress, disfigurement, and reduced quality of life.

Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they do not get paid until their case is resolved and they settle with their client. In the meantime, they must pay court costs, attend depositions, engage experts and other specialists, travel and pay for other expenses required to win a case.

Damages

18-wheeler accidents can lead to serious injuries, especially if they occur at high speed. The consequences of an accident involving an 18-wheeler can be more intense due to its size and weight. The damage could be greater.

In addition to the medical and property damages that result from a crash involving an 18-wheeler victims could be able to claim compensation for the loss of earnings and grief caused by the death of loved ones. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to if you are suffering losses as a result of the crash of a semi-truck.

It's not a secret that litigation can be expensive. Attorneys representing plaintiffs must pay for travel, depositions, expert witnesses, and court costs. They require the funds of their clients as soon as possible. There are a variety of ways that plaintiffs can receive their money sooner after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for those who have suffered injuries and need to pay for their expenses while waiting for their settlement.

Timeline

There are many elements that determine how long it takes to settle a truck accident case. One major factor is the severity of your injuries. It is important to wait until you've achieved your maximum medical improvement before settling. You may be able claim future losses, like reduced wages or a decrease in the quality of life. Your lawyer will have to provide evidence to support your claims.

A dispute between two parties over the amount of liability or damages can prolong the settlement process. This can happen when there are several insurance companies involved or the parties are disputing who was responsible for the accident.

A qualified truck accident lawyer will help you determine if the insurance company is offering a fair amount to settle your case and whether or the insurance company will cover all of your current and future losses. If the insurance company is unwilling to negotiate, it could be necessary to file a lawsuit which can extend time for the case. In certain cases, the case could take longer than a year for the resolution.

Settlement

There are many things which can significantly extend the timeline it takes for an 18-wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance considerations that are involved. It may also take some time for your doctor's report to identify permanent impairments that could affect your future losses. You should never settle an injury claim too quickly as it may result in you not having enough money to cover your full range damages.

Attorneys representing plaintiffs in cases involving 18 wheeler accidents are paid contingency fees and don't get paid until they are successful or reach a settlement. They have to pay for court costs, travel expenses, and expert witness fees throughout the course of the case.

As you can imagine, this could add up to a lot. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket to be able to collect the money they owe sooner.