How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The amount of time required to settle a trucking accident case can vary from case to case. The length of time for settlement may be affected by many factors.
For instance, it might take time to determine who is accountable for the accident. A lawyer can help you determine all the parties responsible and maximize the amount you receive.
What to Expect
18 wheeler accident lawyer avondale for settling in a lawsuit against an 18-wheeler is dependent on many factors which include the possibility of liability and damages. The case could be delayed if parties to the accident cannot agree on the cause of the accident. If there are disputes over the evidence or testimony of witnesses, this can delay the trial.
Based on the severity of the injuries, the amount of the trucking company's insurance policy and existing state or federal regulations for commercial vehicles, settlement amounts can differ widely. Remember that plaintiff lawyers are paid on an on a contingency basis. This means they don't get paid until they succeed in winning a case or reach a settlement.
Due to the serious and often catastrophic injuries that can result from accidents involving semi-trucks, it's not surprising that these cases are big business for the attorneys who handle them. It's common to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company is 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 accidents cause serious injuries or even death. Often, insurance companies will reduce the victims of these accidents with settlements that do not reflect the extent of their injuries and damages. However, an experienced attorney for accidents involving 18 wheels can level the playing field and negotiate with these massive insurance companies to secure their clients the maximum settlements.
In a lawsuit involving an 18-wheeler the defendants could be held accountable for non-economic and economic damages. Economic damages may include medical bills, lost wages or future earnings. Non-economic damages can include emotional distress, disfigurement and diminished quality of life.
Plaintiff attorneys who litigate 18 wheeler cases are paid on a contingency basis, which means that they aren't paid until they are successful and can negotiate an agreement with their client. They must pay court costs and also hire experts, specialists, travel, and other expenses associated with winning the case.
Damages
18 wheeler accidents can cause severe injuries, particularly when they're high-speed accidents. The effects of an 18-wheeler collision could be more severe due to its weight and size. The damages could also be greater.
In addition to the medical and property damage that could result from an 18-wheeler accident victims may also be eligible for compensation for the loss of their wages as well as the grief caused by the loss of loved ones. A personal injury lawyer can help determine the total amount you can receive if you are suffering losses as a result of an accident involving a semi-truck.
Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for things like travel for depositions, travel to court, hire expert witnesses, and cover costs for court, so they must get their clients' funds as quickly as possible. There are many ways that plaintiffs can receive their money faster after settlement. These are referred to as post settlement advances, lawsuit loans, or settlement cash advances. These are a great way for injured parties to cover expenses while waiting on their settlement.
Timeline
There are many factors that affect the the time it takes to settle an accident case involving the truck. The severity of your injuries is an important factor. You should wait until your medical condition has improved to its maximum before making a decision on settlement. This is because you might be eligible to claim future losses, such as lost wages or diminished quality of life. Additionally, your attorney will need evidence to prove these claims.
Another factor that can lengthen the process of settlement is a dispute between parties over the liability of damages or liability. This can happen when there are multiple insurance companies involved or the parties disagree on who was responsible for the incident.
A reputable truck accident lawyer can help you determine whether the insurance company is providing you with an acceptable amount for your case and whether or not it will be able to cover all of your current and future losses. If the insurance company refuses to negotiate, it could be necessary to file a lawsuit, which could extend time for the case. In some instances, the case could take longer than a year to resolve.
Settlement
There are several things that can significantly lengthen the time required for an 18-wheeler lawsuit to reach a settlement. This is due to the severity of the injuries and the insurance implications. It could take a bit of time for your doctor's report to reveal 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 need to recover for the full range of damage.
Attorneys representing plaintiffs in cases involving 18 wheeler-related accidents work on contingency fees. They aren't paid until they succeed in their case or negotiate an agreement. They must pay for court costs along with travel and expert witness fees during the course of a case.
As you are able to imagine, this can add up quite a bit. Many 18-wheeler plaintiff attorneys use settlement cash advances or lawsuit loans to cover their legal costs out of pocket. This allows them to receive the funds earlier.