The Top 18-Wheeler Accident Attorney Gurus Do 3 Things
How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time required to settle a truck crash case varies from one to the next. The timeframe for settlement can be affected by a number factors.
It could take an extended time to determine who is accountable for an accident. A lawyer can help you determine the responsible parties and maximize the amount you receive.
What to Expect
The time frame for settling in a lawsuit against an 18-wheeler is based on a variety of factors, including the amount of liability and damages. If the parties involved in the collision are unable to come to an agreement regarding responsibility, this could greatly delay the process. Furthermore, if there is any disputes over witnesses' testimony or evidence and testimony, it could take longer time to solve these issues.
Settlement amounts vary according to the severity of injuries, the insurance policy of the trucking company and the current laws and regulations of the federal or state that govern commercial vehicles. It is important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning that they don't get paid until they prevail or settle a case.
Due to the serious and often catastrophic injuries that result from accidents involving semi-trucks, it's no surprise that these cases are huge business for attorneys who litigate them. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking company is found to be negligent.
Liability
Every year there are over 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries and even death. The majority of insurance companies make it difficult for victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and the damages. However, a skilled attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the highest settlements.
The defendants in a case involving an 18 wheeler may be held liable for various types of damages, such as economic and non-economic damages. Economic damages could include medical bills, lost wages, and future earnings. Non-economic damages could include emotional distress, disfigurement and reduced quality of life.
Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingency basis, which means that they don't get paid until they prevail and agree to an agreement for their client. They must pay court costs and also hire experts, specialists, travel, and other expenses that go along in winning the case.
Damages
18-wheeler accidents could cause serious injuries, particularly if they occur at high speed. Due to the size and weight of these trucks, the impact could be even more devastating than a typical motor vehicle accident. This means that damages can be more extensive as well.
In addition to the medical and property damage that may result from an 18-wheeler accident, victims can also receive compensation for lost wages as well as the grief caused by the loss of a loved one. If you've suffered losses from a semi truck accident an attorney for personal injury will help you determine all of the compensation you may be entitled to receive.
It's not a secret that litigation is expensive. Attorneys representing plaintiffs must pay for travel, depositions, expert witnesses and 18 wheeler accident lawsuits court costs. They require the funds of their clients as fast as they can. Fortunately, there are ways that plaintiffs can receive their money faster after settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to pay expenses while waiting for their settlement.
Timeline
Many factors influence the time it takes to settle a case which involves the truck. One of the most important factors is the severity of your injuries. It is essential to wait until you have reached maximum medical improvement before making a decision on settlement. You could be eligible to claim future losses, like lost wages or diminished quality of life. Your attorney will need to provide evidence to back your claims.
A dispute between the parties regarding the liability of either party can delay the settlement process. This is often the case when multiple insurance companies are involved, or the parties disagree about the fault of one party.
A qualified attorney for truck accidents can assist you in determining whether the insurance company is willing to pay an amount that is fair and if it will cover your current and future damages. If the insurance company is not willing to compromise, you may need to file a lawsuit and this can extend the duration of the case. In certain cases the case may take more than a year for the resolution.
Settlement
There are many factors that can dramatically extend the timeline it takes for an 18 Wheeler Accident lawsuits wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two factors that can affect the timeline. It can also take time for your doctor to document of permanent impairments that could impact your future losses. It is crucial to never settle your accident claim too early because it could leave you without the money you'll need to cover the full range of damage.
Attorneys who represent plaintiffs in 18 wheeler crashes work on contingency fees. They don't get paid until they prevail or reach an agreement. They are required to pay court costs and travel expenses as well as expert witness fees during the trial.
As you can imagine, this can add up to quite a large amount. Many 18 wheeler accident lawsuit wheeler plaintiff attorneys use post settlement advances (also called lawsuit loans or settlement cash advances) to pay for their legal expenses out of pocket in order to receive the money that they are owed sooner.