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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 time frame for settlement could be affected by many factors. For example, it can take time to establish who is responsible for the accident. An attorney can help determine all the parties responsible and maximize the settlement. What to Expect The timeline for a settlement in a case involving an 18-wheeler depends on a variety factors such as the liability and damages. The case can be delayed if the parties in the collision do not agree on the fault. If there are disputes about the evidence or testimony of witnesses, this can delay the trial. Depending on the extent of the injuries, the amount of the trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts may vary widely. It's important to remember that plaintiff lawyers are paid on a contingency basis, which means they don't get paid unless they win or reach a settlement in the case. It's not too surprising that semi-truck accidents are a major source of revenue for lawyers. Settlements can often reach millions of dollars in these cases. This is especially true when the trucking firm has been deemed negligent. Liability Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. Many of these truck crashes result in serious injuries, or even death. Insurance companies often underestimate the injuries and damages of the victims in these accidents. A reputable 18 wheeler accident lawyer can negotiate with big insurance companies and negotiate the most favorable settlement for their clients. In a lawsuit brought against an 18-wheeler the defendants could be held accountable for non-economic and economic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering as well as emotional distress, disfigurement, and a diminished quality of life. Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, meaning that they aren't paid until they succeed in their case and negotiate an agreement for their client. In the meantime, they must pay court costs, attend depositions, engage experts and other experts, travel and pay for other expenses that are required to win a case. Damages 18-wheeler accidents could cause serious injuries, especially if they occur at high speed. The consequences of an accident involving an 18-wheeler can be more intense due to its weight and size. This means that damages can be higher as well. In addition to the medical and property damages that can be caused by an 18-wheeler crash, victims can also receive compensation for lost earnings and the pain caused by the loss of loved ones. If you have experienced loss as a result of a semi truck accident A personal injury lawyer can help you determine all of the compensation that you are entitled to receive. The cost of litigation can be high. Attorneys representing plaintiffs need to pay for depositions, travel expenses, expert witnesses, and court costs. They must get the money of their clients as soon as possible. There are many ways that plaintiffs can get their money quicker after the settlement. These are known as post settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to pay expenses while waiting for their settlement. Timeline There are a variety of elements that determine the time it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is best to wait until your condition has improved to the maximum before making a decision on settlement. This is because you might be eligible to claim future losses, such as lost wages and diminished quality of life. Your attorney will require evidence to prove these claims. Another reason that could delay the settlement process is a dispute between two parties over the liability of damages or liability. This can often happen when there are several insurance companies involved or when the parties are arguing over the who was responsible for the incident. A qualified truck accident attorney can assist you in determining whether the insurance company provides you with an adequate amount and whether it will be able to cover your future and current damages. If the insurance company isn't willing to negotiate, you might need to file a suit, which can lengthen the duration of the case. In 18 wheeler accident lawsuit bridgeport could take a year or more to settle the case. Settlement There are a few elements that can make it take a long time to settle a lawsuit against an 18-wheeler. The degree of the injuries and insurance considerations are two elements that could affect the timeframe. It can take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. It is essential to never settle your accident claim in a hurry, as it may result in you not receiving the funds you need to recover for the full range of losses. Plaintiff attorneys who take on 18-wheeler accidents are paid on a contingency fee basis and do not get paid until they win or negotiate a settlement. They are responsible for court costs along with travel and expert witness fees throughout the course of the case. As you are able to imagine, this can add up quite a bit. Many 18-wheeler plaintiff attorneys utilize settlement cash advances or lawsuit loans to cover their legal expenses out of pocket. This lets them receive the funds earlier.