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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 time frame for settlement could be affected by a variety of factors. For instance, it may take time to establish who is responsible for the accident. A lawyer can help identify the responsible parties and maximize the settlement. What to Expect The timeline for a settlement of a lawsuit against an 18-wheeler depends on many factors, including the liability and damages. The case could be delayed if the parties in the collision are not able to agree on fault. If there are any disagreements regarding witness testimony or evidence the process could take longer time to solve these issues. Depending on the extent of the injuries, the amount of the insurance policy of the trucking company and existing state or federal regulations for commercial vehicles, settlement amounts may vary widely. Remember that plaintiff attorneys are paid on the basis of contingency. This means that they don't get paid until they have won a case, or reached an agreement. It's not a surprise that semi-truck accident cases are a lucrative business for attorneys. Therefore, it's not uncommon for settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company has been found to be negligent. Liability Each year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these truck accidents result in serious injuries or even death. Insurance companies often undervalue the injuries and damages of the victims in these accidents. However, an experienced attorney for 18 wheeler accidents can even the playing field and negotiate with these large insurance companies to get their clients the highest settlements. The defendants in a lawsuit involving an 18-wheeler could be held responsible for several types of damages, such as economic and non-economic damages. Economic damages may include medical bills, lost wages, and future earnings. 18 wheeler accident attorney lynchburg include emotional distress, disfigurement and diminished quality of life. Plaintiff attorneys who litigate in 18 wheeler cases are paid on a contingent basis. This means that they don't receive compensation until the case is settled and they settle with their client. They must pay court fees and also hire experts, specialists, travel and other expenses that go along in winning the case. Damages 18-wheeler accidents can lead to serious injuries, particularly if they occur at high speed. Due to the weight and size of these trucks, the impact can be more severe than a typical motor vehicle accident. This means that damages can be more severe as well. In addition to medical and property damages that can result from a crash involving an 18-wheeler, victims may be able to claim compensation for the loss of wages and grief due to the loss of a loved. A personal injury lawyer can assist you to determine the total amount you are entitled to if were a victim of an accident involving a semi-truck. It's not a secret that litigation is expensive. Plaintiff attorneys must pay for things like travel to take depositions, pay experts as witnesses, and pay court costs, which is why they must receive their clients' cash as soon as possible. There are a variety of ways that plaintiffs can receive their funds more quickly after a settlement. These are called post-settlement advances, lawsuit loans or settlement cash advances. They are a great option for injured parties to cover costs while waiting for their settlement. Timeline There are many factors that contribute to how long it takes to settle a truck crash case. One major factor is the severity of your injuries. It is essential to wait until you've reached your maximum level of medical improvement before making a decision on settlement. You may be able to claim future losses, like lost wages or the lower quality of life. Your lawyer will have to provide evidence to back your claims. Another reason that could delay the process of settlement is a dispute between parties over liability or damages. This can occur when there are several insurance companies involved, or if the parties disagree on who was responsible for the incident. A reputable truck accident attorney can help you determine whether the insurance company provides you with an amount that is fair and if it will pay for future and current damages. If the insurance company isn't willing to negotiate, you may need to file a lawsuit that could prolong the duration of the lawsuit. In some cases it could take a year or more to resolve the case. Settlement There are many factors that can significantly lengthen the time it takes for an 18-wheeler lawsuit to settle. This includes the severity of injuries and the insurance considerations involved. It can also take time for your doctor to document of permanent impairments that could impact your future losses. It is essential to not settle your claim for an accident too early because it could leave you without the money you're entitled to for the full extent of your damage. Attorneys who represent plaintiffs in 18 wheeler accidents work on contingency fee and don't get paid until they win their case or reach an agreement. This means they have to invest their own money to cover expenses for travel, court costs and expert witness expenses during the the case. As you are able to imagine, this can add up quite a bit. A lot of 18 wheeler plaintiff lawyers make use of post-settlement advances (also known as lawsuit loans or settlement cash advances) to offset their out-of-pocket legal expenses in order to receive the money they are owed sooner.