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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. There are many factors that affect the speed of settlement. For instance, it might take time to determine who is liable for the accident. A lawyer can help determine the responsible parties and maximize the amount you receive. What to Expect The timeline for a settlement in a lawsuit against an 18-wheeler depends on a variety factors, including the possibility of liability and damages. If the parties involved in the incident are unable to reach an agreement about responsibility, this could greatly delay the trial. Furthermore, if there is any disagreements about witnesses' testimony or evidence the process could take longer time to resolve these issues. Settlement amounts can vary greatly in proportion to the severity of injuries and the insurance policy of the trucking company, and the existing laws and regulations of the federal or state that regulate commercial vehicles. Remember that plaintiff attorneys are paid on the basis of a contingency. This means that they don't get paid until they have won a case, or reached an agreement. It's not too surprising that semi-truck accidents are a huge business for lawyers. Therefore, it's not common for settlements in these cases to be millions of dollars or more. This is especially true if the trucking company is considered to be negligent. Liability Each year, there are nearly 100,000 accidents involving 18 wheelers in the United States. A lot of these truck accidents cause severe injuries and even death. Most often, insurance companies make it difficult for victims of these accidents by offering settlement offers that don't reflect the extent of their injuries and damages. However, a good 18 wheeler accident attorney can even the playing field and negotiate with these big insurance companies to get their clients the maximum settlements. The defendants in an 18 wheeler lawsuit may be held liable for a variety of damages, including non-economic and economic damages. Economic damages could include medical bills, lost wages and future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement or reduced quality of life. Plaintiff attorneys who are litigating in 18 wheeler cases are paid on a contingent basis. This means that they do not get paid until their case is won and they settle with their client. In the meantime, they have to cover court costs, take depositions, hire experts and other experts, travel and pay for other costs required to win the case. Damages 18 wheeler accidents can cause severe injuries, particularly when they're high-speed crashes. The impact of an 18-wheeler crash is more serious because of its weight and size. The damages can also be more severe. In addition to the medical and property damage that could result from a crash involving an 18-wheeler victims could also be entitled to compensation for lost wages and grief caused by the loss of a loved. A personal injury lawyer can help you determine the full compensation you are entitled to when you were a victim of a semi truck crash. It's no secret that litigation can be expensive. Plaintiff attorneys must pay for depositions, travel expenses, expert witnesses and court costs. They must get the money of their clients as soon as possible. There are a variety of ways plaintiffs can get their money faster after a settlement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while they wait on their settlement. Timeline There are many factors that influence how long it takes to settle a truck accident case. The severity of your injuries is a significant factor. You should wait until your medical condition has improved to the maximum before settling. You may be able claim future losses, like loss of wages or a lower standard of living. Your attorney will need to provide evidence to back your claims. 18 wheeler accident lawsuit el paso between two parties over the liability of either party can delay the settlement process. This can occur when multiple insurance companies are involved or the parties disagree on the fault of one party. A qualified truck accident attorney can help you determine if 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 is unwilling to negotiate, it may be necessary to file a suit, which could extend the duration of the case. In certain situations it may take up to a year or more solve the issue. Settlement There are many things that can drastically alter the time frame required for an 18-wheeler lawsuit to settle. The severity of the injuries and insurance considerations are two of the factors that can impact the timeline. It may also take a while for your doctor to submit documentation of permanent impairments that could affect your future losses. It is vital to not settle your claim for an accident too early as it can result in you not receiving the funds you're entitled to for your entire range of injuries. Plaintiff attorneys who take on 18-wheeler crashes are paid on a contingency fee basis and do not get paid until they prevail or reach an agreement. They are responsible for court costs and travel expenses as well as expert witness fees throughout the course of the case. As you can imagine this can add up to a quite a lot. Many 18-wheeler plaintiff lawyers employ settlement cash advances, or lawsuit loans to pay for their out-of pocket legal expenses. This allows them to access the funds sooner.