15 18-Wheeler Accident Attorney Benefits Everybody Should Know
How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time it takes to settle a truck accident situation varies from case to the next. The timeframe for settlement can be affected by a variety of factors.
For example, it can take time to determine who is responsible for the accident. A lawyer can help you identify all the liable parties and maximize your settlement.
What to Expect
The time frame for settlement of a lawsuit against an 18-wheeler depends on many factors including liability and damages. If the parties involved in the collision are unable to reach an agreement on the their respective faults, this could delay the process. If there are disputes over the evidence or testimony of witnesses, it could delay the proceedings.
Depending on the extent of the injuries, as well as the size of the insurance policy of the trucking company and existing state or federal regulations for commercial vehicles, settlement amounts can be wildly different. It's important to remember that plaintiff attorneys work on a contingency fee basis, meaning that they won't receive compensation unless they win or reach a settlement in the case.
Because of the severe and often catastrophic injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are lucrative for the lawyers who represent them. As such, it's not uncommon to see settlements in these cases to amount to millions of dollars or more. This is especially true if the trucking company has been deemed negligent.
Liability
Every year, there are more than 100,000 accidents involving 18 wheelers in the United States. Many of these accidents result in serious injuries and even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. A reputable 18 wheeler accident lawyer can negotiate with large insurance companies to secure the best settlement for their clients.
In a lawsuit brought against an 18-wheeler, the defendants may be held liable for non-economic and economic damages. Economic damages could include medical expenses, lost wages and future earnings. Non-economic damages can include pain and suffering, emotional distress, disfigurement, and diminished quality of life.
Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they won't get paid until their case is won and they agree to a settlement with their client. In the meantime, they need to pay for court costs, conduct depositions, engage experts and other specialists, travel, and pay for other costs required to win the case.
Damages
18-wheeler accidents can cause serious injuries, especially when they occur at high speed. The impact of an 18-wheeler accident is more severe due to its weight and size. The damages could also be more severe.
In addition to the medical and property damages that may result from a 18-wheeler crash victims could be able to claim compensation for lost wages and the grief caused by the loss of a loved. A personal injury lawyer can help you 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. Attorneys representing plaintiffs must pay for things like travel for depositions, travel to court, hire experts as witnesses, and pay costs for court, so they must receive their clients' cash as soon as possible. There are many ways that plaintiffs can get their money sooner after an agreement. These are called post settlement advances, lawsuit loans or settlement cash advances. They are a great choice for those injured and need to cover their expenses while they await their settlement.
Timeline
There are a myriad of factors that contribute to the time it takes to settle a truck accident case. One of the major factors is the severity of your injuries. It is best to wait until your condition has improved to its maximum before settling. You could be eligible for future losses, for example, lost wages or the lower quality of living. Your lawyer will have to prove your claims.
A dispute between the parties regarding the liability of either party can delay the settlement process. This can occur when multiple insurance companies are involved, or the parties are not able to agree on who is responsible.
A qualified truck accident lawyer will help you determine if the insurance company is offering you an appropriate amount to settle your case and whether or it will take care of all your current and future losses. If the insurance company refuses to negotiate, it could be necessary to file a suit that could extend the timeline for the case. In certain instances it could take longer than a year for the resolution.
Settlement
There are several factors which can cause the longest time to settle an 18-wheeler lawsuit. This includes the severity of injuries and the insurance concerns involved. It could take some time for the documentation from your doctor to reveal permanent impairments that could affect your future losses. 18 wheeler accident lawsuit hawaii is important that you never settle your claim in a hurry, as it may leave you without the money you're entitled to for the full range of damages.
Plaintiff attorneys who litigate in 18-wheeler accidents are compensated on a basis of contingency fees and do not get paid unless they win or negotiate an agreement. This means they've to invest their own money to pay for court costs, travel, and expert witness costs all throughout this case.
As you can imagine, this can add up to quite a large amount. A lot of plaintiff attorneys with 18 wheels use settlement cash advances or lawsuit loans to cover their legal costs out of pocket. This allows them to get their money earlier.