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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The time it takes to settle a trucking accident instance can vary from case to case. There are many factors that could affect the time frame of settlement. For instance, it could take some time to determine who is liable for the accident. A lawyer can help you identify all the parties at fault and maximize the settlement. What to Expect The time frame for settlement of a lawsuit involving an 18-wheeler is contingent on a variety of factors, including the amount of liability and damages. The case can be delayed if the parties involved in the accident cannot agree on fault. If there are any disputes over witnesses' testimony or evidence or testimony, it could take more time to solve these issues. Settlement amounts can differ greatly according to the severity of injuries, the insurance policy of the trucking company, and the existing federal or state regulations that regulate commercial vehicles. It's important to remember that plaintiff lawyers are paid on a contingency basis, meaning they don't get paid until they win or settle a case. It's not too surprising that semi-truck accidents are a huge business for attorneys. In this way, it's not uncommon to see settlements in these cases to be millions of dollars or more. This is especially true if the trucking company is declared to be negligent. Liability Each year, there are more than 100,000 accidents involving 18 wheelers in the United States. A lot of these truck accidents cause serious injuries and even death. Insurance companies often undervalue the injuries and damages of the victims in these accidents. However, a good attorney representing victims of accidents on 18 wheels can level the playing field and negotiate with these large insurance companies in order to obtain their clients the highest settlements. In a lawsuit brought against an 18-wheeler the defendants could be held accountable for economic and noneconomic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages include pain and suffering and emotional distress, disfigurement, and diminished quality of living. Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingent basis. This means that they won't get paid until the case is settled and they negotiate a settlement with their client. They are required to pay court costs and also hire experts, specialists, travel, and other costs associated in winning the case. Damages 18-wheeler accidents can cause serious injuries, especially when they occur at high speed. Due to the size and weight of these trucks, the impact can be more severe than a normal motor vehicle crash. This means that the damages could be more extensive as well. In addition to the property and medical damage that may result from an 18 wheeler crash victims can also receive compensation for lost wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can help determine the full compensation you are entitled to if you were a victim of the crash of a semi-truck. It's no secret that litigation is expensive. Attorneys representing plaintiffs must pay for things like travel for depositions, travel to court, hire expert witnesses, and cover court costs, so they must receive their clients' money as fast as they can. There are a variety of ways that plaintiffs can get their money faster after the settlement. These are referred to as post-settlement advances, lawsuit loans, or settlement cash advances. These are a great way for injured parties to pay expenses while waiting on their settlement. Timeline A variety of factors affect the amount of the time it takes to settle an accident case involving the truck. The severity of your injuries is the primary factor. It is essential to wait until you've reached the point of maximum medical improvement before making a decision on settlement. You may be able claim future losses, for example, reduced wages or a decrease in the quality of living. Your attorney will need to provide evidence to back your claims. A dispute between the parties about damages or liability can also delay the settlement process. This can happen when there multiple insurance companies involved or the parties are arguing about who is responsible for the accident. A qualified truck accident lawyer can help you determine whether the insurance company is providing you with an appropriate amount for your claim and whether or not it will pay for all of your future and current losses. If the insurance company isn't willing to compromise, you may need to file a suit and this can extend the timeline of the case. In some instances the case may take longer than a full year to resolve. Settlement There are a variety of factors that can drastically alter the time it takes for an 18 wheeler lawsuit to settle. The severity of the injuries as well as insurance considerations are two factors that can impact the timeline. It could take some time for your doctor's records to identify permanent impairments that could impact your future losses. Do not settle an injury claim too quickly as it may leave you with no money to cover your full range damage. 18 wheeler accident settlement chattanooga who litigate 18 wheeler crashes work on contingency fee and don't get paid until they prevail or reach an agreement. This means they have had to spend their own money to pay for expenses for travel, court costs and expert witness expenses throughout the case. As you could imagine, this can add up quite a bit. A lot of 18 wheeler plaintiff lawyers make use of post settlement advances (also called lawsuit loans or settlement cash advances) to help offset their legal costs out-of-pocket to get the money they are owed sooner.