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How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time it takes to settle a truck crash case varies from one to the next. The timeframe for settlement can be affected by a variety of factors.
It could take a long time to determine who is accountable for an accident. A lawyer can assist you determine all the parties responsible and maximize the amount you receive.
What to Expect
The time frame for settling of an 18-wheeler lawsuit depends on a myriad of factors, including liability and damages. The case may be delayed if the parties to the collision cannot reach an agreement on who is responsible. If there are any disagreements about witnesses' testimony or evidence the process could take longer time to solve these issues.
Based on the severity of the injuries, the scope of the trucking company's insurance policy and the current state or federal regulations that govern commercial vehicles, Heath 18 Wheeler Accident Lawyer settlement amounts can be wildly different. It's important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning that they don't get paid unless they win or reach a settlement in a case.
Because of the severe and often catastrophic injuries that result from semi-truck accidents it's no surprise that these types of cases are huge business for attorneys who handle them. Settlements can often reach millions of dollars in these cases. This is especially true when the trucking company has been considered to be negligent.
Liability
In the United States, there are more than 100,000 accidents each year that involve 18-wheelers. Many of these crashes result in serious injuries or death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. However, an experienced attorney for 18 wheeler accidents can even the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the maximum settlements.
In an Heath 18 wheeler accident lawyer-wheeler lawsuit the defendants could be held liable for economic and noneconomic damages. Economic damages could be a result of medical bills, wages lost and future earnings. Non-economic damages could include emotional distress, disfigurement, and reduced quality of life.
Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingency basis. This means that they don't get paid until their case is resolved and they negotiate a settlement with their client. In the meantime, they must cover court costs, take depositions, engage experts and other experts, travel and pay for other expenses associated with winning the case.
Damages
18-wheeler accidents can cause serious injuries, particularly when they occur at high speed. The impact of an presidio 18 wheeler accident lawsuit-wheeler crash is more intense due to its weight and size. This means that damages can be higher as well.
In addition to medical and property damages that can result from a collision with an 18-wheeler, victims may also be entitled to compensation for lost wages and grief due to the loss of a loved. A personal injury lawyer can assist you to determine the total amount you are entitled to if you are suffering losses as a result of an accident involving a semi-truck.
It's not a secret that litigation is expensive. Attorneys representing plaintiffs have to pay for depositions, travel, expert witnesses and court costs. They need the money of their clients as fast as they can. There are a variety of ways that plaintiffs can get their money more quickly after a settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to cover expenses while waiting on their settlement.
Timeline
There are many elements that determine the time it takes to settle a truck accident case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before you settle. You could be eligible to claim future losses, for example, loss of wages or a lower standard of living. Your attorney will need to provide evidence to support your claims.
Another reason that can delay the process of settlement is a dispute between parties over the liability of damages or liability. This can happen when there are several insurance companies involved, or if the parties are arguing over who was responsible for the incident.
A qualified truck accident attorney can assist you in determining whether the insurance company provides you with a fair amount and if it will pay for future and current damages. If the insurance company refuses to negotiate, it may be necessary to file a suit that could extend the timeline for the case. In some cases, the case could take longer than a year for the resolution.
Settlement
There are a variety of factors which can significantly extend the time frame required for an 18 wheeler lawsuit to settle. This includes the severity of injuries and the insurance implications. It could take some time for the documentation from your doctor to identify permanent impairments that could affect your future losses. Don't settle an accident claim too soon as this can leave you without a sufficient amount to cover all damage.
Plaintiff attorneys who litigate waycross 18 wheeler accident law firm wheeler crashes work on contingency fee and don't get paid until they win their case or reach an agreement. They are responsible for court costs, travel expenses, and expert witness fees during the trial.
As you can imagine, this could add up to a amount. A lot of 18 wheeler plaintiff lawyers use post settlement advances (also known as lawsuit loans or settlement cash advances) to pay for their out-of-pocket legal expenses so that they can get the money they're owed sooner.