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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The time required to settle a truck accident situation varies from case to the next. The timeline for settlement can be affected by a variety of factors. It could take some 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 in an 18 wheeler lawsuit depends on a variety factors, including the liability and damages. The case can be delayed if the parties to the collision are not able to agree on the cause of the accident. If there are any disputes over the evidence or witness testimony and testimony, it could take longer time to resolve these issues. Settlement amounts vary dependent on the severity of injuries, the insurance policy of the trucking firm and the current state or federal regulations that govern commercial vehicles. It's important to note that plaintiff lawyers are paid on a contingency basis, which means they don't get paid unless they win or settle a case. It's not surprising that semi-truck accident cases are a big business for attorneys. As such, it's not unusual for settlements in these cases to be millions of dollars or more. This is especially true when the trucking company is 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 truck accidents result in serious injuries and even death. Insurance companies often undervalue injuries and damages of the victims in these accidents. A good 18 wheeler accident lawyer can negotiate with large insurance companies to get the most favorable settlement for their clients. In a lawsuit involving an 18-wheeler the defendants could be held accountable for economic and noneconomic damages. The economic damages can be medical expenses, lost wages and future earnings. Non-economic damages may include suffering and pain as well as emotional distress, disfigurement and a diminished quality of life. Plaintiff attorneys who handle 18 wheeler cases are paid on a contingency basis, which means they don't get paid until they are successful and can negotiate an agreement for their client. In the meantime, they need to pay court costs, attend depositions and hire experts, other specialists, travel, and pay for other expenses that are required to win a case. Damages 18-wheeler accidents can cause serious injuries, especially if they occur at a high speed. Due to the size and weight of these trucks, the impact can be even more severe than a typical motor vehicle accident. The damages can also be greater. In addition to the property and medical damages that can be caused by an 18-wheeler crash victims can also claim compensation for lost wages and the grief caused by the loss of loved ones. A personal injury lawyer can help determine the full compensation you are entitled to if you are suffering losses as a result of a semi truck crash. Legal proceedings can be costly. Attorneys representing plaintiffs have to pay for travel expenses and depositions, as well as hire expert witnesses, and pay court costs, so they need their clients' money as fast as possible. There are 18 wheeler accident lawyer westland that plaintiffs can receive their money sooner after settlement. These are referred to as post settlement advances, lawsuit loans, or settlement cash advances. These are an excellent way for injured parties to cover expenses while they wait on their settlement. Timeline There are a variety of factors that affect how long it takes to settle a truck accident case. The severity of your injuries is a major factor. It 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 and diminished quality of life. Your attorney will require evidence to prove these claims. A dispute between the parties over damages or liability can also prolong the settlement process. This is often the case when there multiple insurance companies involved or the parties are arguing over who was responsible for the accident. A qualified attorney for truck accidents can help you determine if the insurance company is willing to pay an adequate amount and whether it will be able to cover your future and current damages. If the insurance company refuses to compromise, it could be necessary to file a suit that could extend the timeline for the case. In some instances it could take at least a year to finish the case. Settlement There are a few things that can make it take a long time to settle a 18-wheeler lawsuit. This is due to the severity of the injuries and the insurance considerations involved. It could take a bit of time for your doctor's documentation to show permanent impairments which could affect the future loss you suffer. It is crucial to not settle your claim for an accident too early because it could leave you without the money you'll need to recuperate the full range of injuries. Plaintiff attorneys who handle 18 wheeler accidents are paid contingency fee and don't get paid until they succeed in their case or negotiate a settlement. This means they've had to spend their own money to pay for the costs of court, travel, and expert witness expenses during the the case. As you might imagine, this could add up quite a bit. Many 18-wheeler plaintiff attorneys utilize settlement cash advances or lawsuit loans to offset their legal expenses out of pocket. This allows them to receive the funds earlier.