How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The amount of time required to settle a trucking crash case can vary from case to case. The length of time for settlement may be affected by several factors.
It could take a long 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 timeline for a settlement of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the liability and damages. If the parties involved in the incident are unable to come to an agreement regarding who is at fault, it could delay the case. Additionally, if there are any disagreements regarding evidence or witness testimony, it may take more time to solve these issues.
Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and the existing state or federal regulations for commercial vehicles, settlement amounts may vary widely. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, meaning that they won't receive compensation unless they win or reach a settlement in a case.
It's not too surprising that semi-truck accident cases are a big business for lawyers. Settlements can be as high as millions of dollars in these cases. This is particularly true when the trucking company has been considered to be negligent.
Liability
Every year there are over 100,000 accidents involving 18 wheelers across the United States. Many of these crashes result in serious injuries and even death. Insurance companies often undervalue the injuries and damages of victims in these accidents. A reputable 18-wheeler accident lawyer can negotiate with big insurance companies and get the best settlement for their clients.
In a case involving an 18-wheeler the defendants could be held responsible for non-economic and economic damages. Economic damages may include medical bills, wages lost and future earnings. Other damages include emotional distress, disfigurement or diminished quality of life.
Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingent basis. This means that they do not receive compensation until their case is settled and they settle with their client. They have to pay court costs and also hire experts, specialists, travel, and other expenses associated in winning the case.
Damages
18 wheeler accidents can cause serious injuries, especially in high-speed collisions. The impact of an 18-wheeler accident is more intense due to its size and weight. The damage could be more severe.
In addition to the medical and property damage that could result from the crash of an 18 wheeler, victims can also receive compensation for the loss of their earnings and the pain caused by the loss of loved ones. A personal injury lawyer can assist you to determine the total amount you are entitled to if you have suffered losses as a result of an accident involving a semi-truck.
Legal proceedings can be costly. Plaintiff attorneys need to pay for things like travel to take depositions, pay expert witnesses, and cover court costs, so they require their clients' money as soon as they can. There are a variety of ways that plaintiffs can get their money faster following the settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for injured parties who need to cover their expenses while waiting for their settlement.
Timeline
There are a myriad of factors that affect how long it takes to settle a truck accident case. 18 wheeler accident attorney kansas of your injuries is the primary factor. It is important to wait until you've reached your maximum level of medical improvement before settling. You may be able to claim future losses, for example, lost wages or diminished quality of life. Your attorney will need to prove your claims.
Another reason that could delay the process of settlement is a dispute between parties regarding liability or damages. This could happen when several insurance companies are involved or the parties do not agree on who was at fault.
A qualified attorney for truck accidents will help you determine if the insurance company offers you an acceptable amount and if it will be able to cover your future and current damages. If the insurance company is not willing to compromise, you may need to file a suit, which can lengthen the duration of the lawsuit. In certain situations it may take up to a year or more solve the issue.
Settlement
There are a variety of factors that can significantly lengthen the time frame required for an 18 wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance considerations involved. It may also take a while for your doctor to provide documentation of permanent impairments that could affect your future losses. It is not advisable to settle a claim arising from an accident too early, as this could leave you with no money to cover your full range losses.
Attorneys representing plaintiffs who litigate in 18-wheeler collisions are paid on a contingency fee basis and are not paid unless they win or reach an agreement. This means that they've had to spend their own money to pay for court costs, travel and expert witness fees all during the the case.
As you can imagine, this can add up quite a bit. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to offset their out-of pocket legal expenses. This lets them access the funds sooner.