Say "Yes" To These 5 18-Wheeler Accident Attorney Tips
How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time needed to settle a trucking accident instance can vary from case to case. The length of time for settlement may be affected by a variety of factors.
It can take some time to determine who is accountable for an accident. A lawyer can help you determine the responsible parties and maximize the settlement.
What to Expect
The time frame for settling of an 18-wheeler lawsuit depends on a variety of factors, including the amount of liability and damages. If the parties involved in the incident are not able to reach an agreement on the responsibility, this could greatly delay the case. Furthermore, if there is any disagreements regarding witnesses' testimony or evidence the process could take longer time to solve these issues.
Depending on the extent of the injuries, the size of the trucking company's insurance policy and any existing federal or state regulations for commercial vehicles, settlement amounts can vary widely. Remember that plaintiff attorneys are paid on a contingency basis. This means that they don't get paid until they win a case or reach an agreement.
Because of the severe and often fatal injuries that result from semi-truck accidents, it's not surprising that these cases are a huge business for the attorneys who handle them. Settlements can often reach millions of dollars in these cases. This is especially true when the trucking company has been deemed negligent.
Liability
In the United States, there are more than 100,000 accidents each year that involve 18-wheelers. Many of these accidents cause serious injuries and even death. Insurance companies often undervalue the injuries and damages of victims in these accidents. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these massive insurance companies to ensure that they offer their clients the most lucrative settlements.
In an 18-wheeler lawsuit, the defendants may be held liable for economic and noneconomic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages may include pain and suffering, emotional distress, disfigurement or reduced quality of life.
Attorneys who represent plaintiffs in 18 wheeler cases are paid on a contingent basis. This means that they won't receive compensation until their case is resolved and they agree to a settlement with their client. They must pay court fees as well as hire experts, other specialists, travel, and other costs associated in winning the case.
Damages
18 wheeler accidents can cause serious injuries, particularly in high-speed collisions. Due to the size and weight of these trucks, the impact could be even more severe than a regular motor vehicle accident. This means that damages can be higher as well.
In addition to the physical and medical damages that can be caused by an 18-wheeler crash victims can also claim compensation for the loss of their wages as well as the grief 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 could be entitled receive.
It's not a secret that litigation can be expensive. Attorneys representing plaintiffs have to pay for travel, depositions expert witnesses, and court costs. They require the funds of their clients as quick as they can. There are many ways that plaintiffs can receive their funds more quickly after a settlement. These are known as post-settlement advances, lawsuit loans or settlement cash advances. They are a great method for injured parties to cover expenses while they wait on their settlement.
Timeline
There are a myriad of factors that influence the time it takes to settle a truck accident case. One major factor is the severity of your injuries. You should wait until your medical condition has improved to the maximum before you settle. You may be able to claim future losses, for example, loss of wages or a lower standard of life. Your lawyer will have to provide evidence to back your claims.
A dispute between the parties regarding damages or liability can also prolong the settlement process. 18 wheeler accident settlement greenville could happen when several insurance companies are involved or the parties disagree about who is at fault.
A skilled truck accident lawyer can help you determine whether the insurance company is providing you with an acceptable amount to settle your case and whether or the insurance company will be able to cover all of your current and future losses. If the insurance company refuses to negotiate, it might be necessary to file a suit which can extend the timeline for the case. In some instances it could take up to a year or more settle the case.
Settlement
There are many factors which can significantly extend the time frame required for an 18-wheeler lawsuit to settle. This is due to the severity of the injuries and the insurance considerations that are involved. It can also take time for your doctor to submit documentation of permanent impairments that could affect your future losses. It is not advisable to settle a claim arising from an accident too early, as this could leave you without a sufficient amount to cover all damage.
Attorneys representing plaintiffs who litigate in 18-wheeler crashes are paid on a contingency fee basis and do not get paid until they prevail or reach a settlement. This means they've to invest their own money to pay for expenses for travel, court costs and expert witness costs all during the the case.
As you can imagine this could add up to a amount. A lot of 18 wheeler plaintiff lawyers utilize post settlement advances (also called lawsuit loans or settlement cash advances) to pay for the legal costs they incur out of pocket so that they can get the money they're owed sooner.