How To Tell If You're In The Mood To 18-Wheeler Accident Attorney
How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time required to settle a trucking crash instance can vary from case to case. There are a number of factors that affect the speed of settlement.
For example, it can take some time to determine who is liable for the accident. A lawyer can help identify all parties responsible and help maximize the settlement.
What to Expect
The time frame for settlement in a lawsuit against an 18-wheeler is dependent on many factors which include liability and damages. The case can be delayed if the parties involved in the collision cannot agree on the cause of the accident. If there are disputes over the credibility of witnesses or evidence of witnesses, this may also delay the case.
Based on the severity of the injuries, the amount of the trucking company's insurance policy and the current state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to keep in mind that plaintiff attorneys work on a contingency fee basis, which means they don't get paid unless they win or reach a settlement in a case.
It's not a surprise that semi-truck accident cases are a lucrative business for lawyers. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking company has been deemed 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 even death. Most often, insurance companies lowball the victims of these accidents by offering settlements that do not reflect the full extent of their injuries and damages. A good 18 wheeler accident lawyer can negotiate with large insurance companies and negotiate the most favorable settlement for their clients.
The defendants in a lawsuit against an 18-wheeler could be held accountable for a variety of damages, such as economic and non-economic damages. Economic damages could include medical bills, lost wages and future earnings. Other damages include pain and suffering, emotional distress, disfigurement and diminished quality of life.
Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means they don't get paid until they prevail and agree to a settlement for their client. In the meantime, they need to pay for court costs, conduct depositions and hire experts, other experts, travel and pay for other costs required to win the case.
Damages
18 wheeler accidents can result in serious injuries, especially when they're high-speed crashes. Due to the weight and size of these trucks, the impact of an accident can be more severe than a typical motor vehicle accident. This means that damages can be more severe as well.
In addition to the property and medical damage that may result from the crash of an 18 wheeler victims can also receive compensation for the loss of their income and the grief caused by the loss of loved ones. A personal injury lawyer can assist you to determine the maximum amount of compensation you are entitled to if are suffering losses as a result of a semi truck crash.
The cost of litigation can be high. Plaintiff attorneys must pay for depositions, travel expenses, expert witnesses, and court costs. They require the funds of their clients as quickly as possible. There are 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 option for injured parties to cover expenses while waiting on their settlement.
Timeline
There are many factors that affect the length of time it takes to settle a case involving the truck. The severity of your injuries is a major factor. You should wait until your medical condition has improved to the maximum before making a decision on settlement. 18 wheeler accident lawsuit lansing may be able to claim future losses, for example, lost wages or the lower 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 parties about liability or damages. This can occur when multiple insurance companies are involved, or the parties are not able to agree on who was at fault.
A reputable truck accident lawyer will help you determine if the insurance company is offering you an acceptable amount for your case, and whether or it will pay for all of your current and future losses. If the insurance company refuses to negotiate, it may be required to file a lawsuit which could prolong the duration of the case. In certain situations it may take an entire year or more to settle the case.
Settlement
There are many things that can significantly lengthen the time it takes for an 18 wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two aspects that could affect the timeframe. It could take some time for your doctor's records to show permanent impairments which could impact your future losses. Don't settle an accident claim too early, as this could leave you with no money to cover your full range losses.
Plaintiff attorneys who take on 18-wheeler collisions are paid on a contingent fee basis and do not get paid until they win or reach an agreement. This means that they've to invest their own money to pay for court costs, travel and expert witness fees all during the the case.
As you can imagine this can add up to a quite a lot. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also known as settlement cash advances) to pay for the legal costs they incur out of pocket so that they can get the money they owe sooner.