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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. There are many factors that can influence the speed of settlement.
It could take a long time to determine who is accountable for an accident. A lawyer can help determine the responsible parties and maximize the settlement.
What to Expect
The time frame for settlement in a lawsuit involving an 18-wheeler is based on a variety of factors including the amount of the liability and damages. The case could be delayed if parties to the collision cannot agree on the fault. If there are disputes over the credibility of witnesses or evidence of witnesses, this can delay the proceedings.
Based on the severity of the injuries, as well as the size of the trucking company's insurance policy and any existing federal or state regulations that govern commercial vehicles, settlement amounts can be wildly different. It's important to remember that plaintiff attorneys are paid on a contingency basis, meaning that they won't get paid unless they win or settle the case.
It's not too surprising that semi-truck accident cases are a big business for lawyers. As such, it's not common for settlements in these cases to exceed millions of dollars or more. This is especially true when the trucking company is found to be negligent.
Liability
Each year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these truck accidents result in serious injuries or death. Often, insurance companies will make it difficult for victims of these accidents with settlement offers that do not reflect the full extent of their injuries and damages. However, a good attorney for 18 wheeler accidents can level the playing field and negotiate with these large insurance companies in order to obtain their clients the highest settlements.
The defendants in an 18 wheeler lawsuit could be held responsible for several types of damages including economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages may include emotional distress, disfigurement, and reduced quality of life.
18 wheeler accident case redondo beach who represent plaintiffs in 18 wheeler cases are compensated on a contingent basis. This means that they don't get paid until their case is resolved and they negotiate a settlement with their client. They must pay court fees and hire experts, as well as other specialists, travel and other expenses associated in winning the case.
Damages
18-wheeler accidents can cause serious injuries, particularly when they occur at high speeds. The impact of an 18-wheeler crash could be more than normal due to its weight and size. The damage could be more severe.
In addition to the medical and property damage that could result from a collision with an 18-wheeler victims could be able to claim compensation for lost wages and the grief caused by the death of loved ones. If you've suffered loss as a result of a semi truck accident an attorney for personal injury can help you determine all of the compensation you may be entitled to receive.
It's no secret that litigation can be expensive. Attorneys representing plaintiffs must pay for travel expenses, take depositions, hire expert witnesses, and cover costs for court, so they must receive their clients' funds as quickly as possible. There are a variety of ways plaintiffs can receive their funds quicker after settlement. These are called post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties who require to pay for their expenses while they await their settlement.
Timeline
There are many factors that influence the time it takes to settle a truck crash case. One major factor is the severity of your injuries. It is crucial to wait until you have achieved your maximum medical improvement before you settle. You may be able to claim future losses, including reduced wages or a decrease in the quality of life. Your attorney will need to provide evidence to support your claims.
Another factor that can lengthen the process of settlement is a dispute between two parties regarding liability or damages. This could happen when several insurance companies are involved or the parties disagree about who is responsible.
A reputable truck accident lawyer can help you determine if the insurance company is offering you an appropriate amount to settle your case and whether or the insurance company will pay for all of your future and current losses. If the insurance company is not willing to compromise, you may need to file a suit, which can lengthen the duration of the case. In certain instances it could take more than a year to settle.
Settlement
There are a few elements that can make it take a long time to settle a 18-wheeler lawsuit. The severity of the injuries as well as insurance considerations are two aspects that can affect the timeline. It can take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. Don't settle an injury claim too early, as this could result in you not having enough money to cover the full amount of damages.
Plaintiff attorneys who litigate in 18-wheeler collisions are paid on a contingency basis and do not get paid until they win or agree to an agreement. They are required to pay court costs as well as travel expenses and expert witness fees during the course of a case.
As you could imagine, this can add up quite a bit. A lot of plaintiff attorneys with 18 wheels use settlement cash advances or lawsuit loans to cover their legal expenses out of pocket. This lets them get the money sooner.