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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The time it takes to settle a truck accident case varies from one case to the next. There are many variables that can affect the time frame of settlement. For example, it can take some time to determine who is liable for the accident. A lawyer can assist in identifying all liable parties and maximize the settlement. What to Expect The time frame for settlement of a lawsuit against an 18-wheeler depends on a myriad of factors, including the amount of liability and damages. If the participants in the crash are unable to reach an agreement about responsibility, this could greatly delay the proceedings. If there is a dispute over the evidence or testimony of witnesses, this may delay the trial. Depending on the extent of the injuries, the scope of the insurance policy of the trucking company and any existing federal or state regulations governing commercial vehicles, settlement amounts can differ widely. It's important to keep in mind that plaintiff attorneys are paid on a contingency basis, which means they don't get paid until they prevail or reach a settlement in the case. It's not too surprising that semi-truck accident cases are a big business for lawyers. It's uncommon to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company has been declared to be negligent. Liability In the United States, there are more than 100,000 accidents every year that involve 18-wheelers. Many of these crashes result in serious injuries or death. Insurance companies often undervalue damage and injuries suffered by victims in these accidents. A reputable 18 wheeler accident lawyer can negotiate with large insurance companies and negotiate the most favorable settlement for their clients. The defendants in a case involving an 18 wheeler could be held responsible for various types of damages including economic and non-economic damages. Economic damages may include medical expenses, lost wages and future earnings. Non-economic damages could include emotional distress, disfigurement and reduced quality of life. Plaintiff attorneys who take part in 18 wheeler cases are compensated on a contingency basis. This means that they won't receive compensation until the case is settled and they negotiate a settlement with their client. They have to 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 result in serious injuries, particularly in high-speed collisions. The consequences of an accident involving an 18-wheeler can be more serious due to its weight and size. This means that the damage could be greater as well. In addition to the medical and property damage that can result from an 18-wheeler accident, victims can also receive compensation for their lost wages as well as the grief caused by the loss of a loved one. If you've suffered losses from a semi truck accident, a personal injury attorney can assist you in determining all of the compensation you could be entitled receive. It's not a secret that litigation is expensive. Plaintiff attorneys need to pay for travel expenses, take depositions, hire experts as witnesses, and pay court costs, which is why they require their clients' cash as soon as they can. There are a variety of ways that plaintiffs can get their money quicker after settlement. These are called post settlement advances, lawsuit loans or settlement cash advances. These are an excellent way for injured parties to pay expenses while waiting for their settlement. Timeline There are many factors that affect the amount of time required to settle a case that involves a truck. One of the major factors is the severity of your injuries. It is crucial to wait until you have reached maximum medical improvement before making a decision to settle. You may be able to claim future losses, like lost wages or diminished quality of life. Your attorney will need to provide evidence to support your claims. 18 wheeler accident law firm kenosha between two parties over damages or liability can also prolong the settlement process. This can often happen when there multiple insurance companies involved or if the parties are arguing over who is responsible for the accident. A reputable truck accident lawyer can help you determine if the insurance company is offering a fair amount to settle your case and whether or not it will cover all of your current and future losses. If the insurance company isn't willing to negotiate, you may have to file a lawsuit, which can lengthen the timeline of the case. In some instances the case may take more than a year for the resolution. Settlement There are many factors that can dramatically extend the time it takes for an 18 wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance considerations involved. It can also take time for your doctor to document of permanent impairments that could affect your future losses. It is crucial to never settle your claim in a hurry, as it may result in you not receiving the funds you'll need to recuperate the full range of losses. Plaintiff attorneys who handle 18 wheeler crashes work on contingency fee and don't get paid until they are successful or reach a settlement. This means they have to invest their own money to cover the costs of court, travel, and expert witness expenses all during the course of the case. As you can imagine, this can add up quite a bit. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to offset their out-of pocket legal expenses. This lets them get their money earlier.