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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The amount of time required to settle a trucking accident case varies from case to case. There are many factors that affect the length of time to settle. It could take an extended time to determine who is accountable for an accident. A lawyer can assist in identifying all parties responsible and help maximize the settlement. What to Expect The time frame for settlement of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including liability and damages. The case could be delayed if parties to the accident cannot agree on fault. If there is a dispute over the credibility of witnesses or evidence of witnesses, this may delay the trial. Settlement amounts vary in proportion to the severity of injuries and the insurance policy of the trucking company and the state or federal regulations that govern commercial vehicles. It is important to keep in mind that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they prevail or reach a settlement in a case. Because of the severe and often fatal injuries that can result from accidents involving semi-trucks, it's not a surprise that these cases are huge business for attorneys who handle them. Settlements can often reach millions of dollars in these cases. This is particularly true when the trucking firm has been found to be negligent. Liability In the United States, there are more than 100,000 accidents each year involving 18-wheelers. Many of these truck accidents result in serious injuries or death. Insurance companies often undervalue injuries and damages of victims in these accidents. However, a good attorney representing victims of accidents on 18 wheels can even the playing field and negotiate with these big insurance companies in order to obtain their clients the maximum settlements. In a lawsuit brought against an 18-wheeler, the defendants may be held accountable for non-economic and economic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages can include suffering and pain and emotional distress, disfigurement, and diminished quality of life. Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, which means they don't receive any money until they are successful and can negotiate a settlement for their client. In the meantime, they must pay court costs, attend depositions, hire experts and other experts, travel and pay for other expenses required to win a case. Damages 18 wheeler accidents can result in serious injuries, especially when they're high-speed crashes. Due to the size and weight of these trucks, the impact of an accident can be even more severe than a regular motor vehicle crash. The damages could also be more severe. In addition to the property and medical damage that could result from an 18 wheeler crash victims may also be eligible for compensation for lost earnings and the pain caused by the loss of loved ones. If you have experienced losses as a result of a semi-truck accident an attorney for personal injury can help you determine the amount of the compensation that you may be entitled to receive. Legal proceedings can be costly. Plaintiff attorneys need to pay for things like travel for depositions, travel to court, hire expert witnesses, and cover court costs, which is why they must get their clients' funds as quickly as possible. There are many ways for plaintiffs to get their money quicker after an agreement. These are referred to as post settlement advances or lawsuit loans. These are an excellent option for injured parties who need to cover their expenses while they await their settlement. Timeline There are many factors that influence the time it takes to settle a truck crash case. The severity of your injuries is a significant factor. 18 wheeler accident lawsuit rock hill is best to wait until your condition has improved to the maximum before you settle. This is because you might be entitled to claim future losses, such as lost wages or diminished quality of life, and your attorney will need evidence to prove these claims. A dispute between the parties regarding the amount of liability or damages can prolong the settlement process. This can happen when multiple insurance companies are involved, or the parties do not agree on the fault of one party. A skilled truck accident lawyer will help you determine if the insurance company is offering you an adequate amount for your case and whether or it will be able to cover all of your current and future losses. If the insurance company is unwilling to negotiate, it may be required to file a lawsuit which can extend the time frame for the case. In some cases the case may take longer than a year to resolve. Settlement There are many things that can significantly lengthen the time it takes for an 18 wheeler lawsuit to reach a settlement. The severity of the injuries as well as insurance considerations are two elements that could affect the timeframe. It could take time for your doctor to provide evidence of permanent impairments that could affect your future losses. It is not advisable to settle an injury claim too quickly, as it could result in you not having enough money to cover the full amount of damages. Plaintiff attorneys who litigate in 18-wheeler crashes are paid on a contingency basis and are not paid unless they win or negotiate a settlement. This means they've had to put aside their own money to pay for expenses for travel, court costs and expert witness expenses all during the this case. As you could imagine, this can be quite costly. Many plaintiff attorneys who are 18-wheelers use settlement cash advances or lawsuit loans to offset the legal expenses they incur out of pocket. This allows them to receive the funds earlier.