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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The time required to settle a trucking accident situation can differ from case to case. The timeframe for settlement can be affected by a variety of factors. It can take an extended time to determine who is accountable for an accident. A lawyer can help identify all the liable parties and maximize the settlement. What to Expect The time frame for settlement of a 18-wheeler lawsuit is dependent on many factors, including the liability and damages. The case may be delayed if the parties in the collision cannot agree on fault. In addition, if there are any disagreements about witnesses' testimony or evidence and testimony, it could take longer time to solve these issues. Depending on the extent of the injuries, the amount of the trucking company's insurance policy and any existing federal or state regulations governing commercial vehicles settlement amounts can be wildly different. It is important to keep in mind that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid until they win or reach a settlement in the case. Because of the severe and often fatal injuries that can result from semi-truck accidents, it's not a surprise that these cases are huge business for lawyers who handle them. Settlements can be as high as millions of dollars in these cases. This is especially true when the trucking firm has been declared to be negligent. Liability Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these truck accidents result in serious injuries and even death. Often, insurance companies will reduce the victims of these accidents by offering settlement offers that don't reflect the full extent of their injuries and damages. A reputable 18-wheeler accident lawyer can negotiate with big insurance companies and negotiate the most favorable settlement for their clients. The defendants in an 18 wheeler lawsuit could be held accountable for various types of damages, including non-economic and economic damages. Economic damages can include medical bills, lost wages, and future earnings. Non-economic damages may include emotional distress, disfigurement and diminished quality of life. Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until the case is settled and they agree to a settlement with their client. They must pay court costs and hire experts, as well as other specialists, travel, and other expenses associated in winning the case. Damages 18 wheeler accidents can lead to severe injuries, particularly if they are high-speed crashes. The impact of an 18-wheeler crash could be more severe due to its weight and size. The damage could be higher. In addition to medical and property damages that can result from an 18-wheeler collision, victims may be able to claim compensation for the loss of earnings and grief caused by the death of a loved. A personal injury lawyer can assist you to determine the full compensation you are entitled to if have suffered losses due to a semi truck crash. The cost of litigation can be high. Plaintiff attorneys need to pay for things like travel to take depositions, pay experts to testify, and pay for court costs, so they require their clients' money as soon as they can. There are many ways for plaintiffs to get their money sooner after settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. These are a great option for injured parties who require to cover their expenses while they await their settlement. Timeline Many factors influence the length of time it takes to settle a case that involves a truck. One of the major factors is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before making a decision on settlement. This is because you may be entitled to claim future losses such as lost wages and a decreased quality of life. In addition, your attorney will require evidence to prove these claims. Another reason that could delay the settlement process is a dispute between parties about liability or damages. This is often the case when there are several insurance companies involved or if the parties are disputing who was at fault for the accident. An experienced truck accident lawyer can help you determine whether the insurance company offers you an adequate amount and whether it will cover your current and future damages. If the insurance company refuses to compromise, it could be necessary to file a suit, which could extend the timeline for the case. In some cases the case could take longer than a year to resolve. Settlement There are several things that can drastically alter the timeline it takes for an 18 wheeler lawsuit to reach a settlement. The extent of the injuries and insurance considerations are two elements that can affect the timeline. It can also take time for your doctor to document of permanent impairments that could affect your future losses. It is crucial to not settle your claim for an accident too early, as it could result in you not receiving the funds you need to recover for the full extent of your damages. 18 wheeler accident lawsuit st cloud representing plaintiffs who litigate in 18-wheeler accidents are paid on a basis of contingency fees and are not paid until they win or agree to an agreement. This means they have to pay for their own money to cover the costs of court, travel, and expert witness costs all during the the case. As you can imagine, this can add up to a quite a lot. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also known as lawsuit loans or settlement cash advances) to offset their legal costs out-of-pocket in order to receive the money they're owed sooner.