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How Long Does It Take to Settle an 18 Wheeler Lawsuit? 18 wheeler accident claim carmel takes to settle a truck accident case varies from one to the next. The time frame for settlement could be affected by a variety of factors. For example, it can take time to establish who is liable for the accident. A lawyer can help identify the responsible parties and maximize the settlement. What to Expect The time frame for settlement of a 18-wheeler lawsuit is dependent on a myriad of factors, including liability and damages. If the participants in the crash are unable to reach an agreement on the their respective faults, this could delay the trial. Furthermore, if there is any disagreements over the evidence or witness testimony, it may take more time to resolve these issues. Based on the severity of the injuries, the scope of the trucking company's insurance policy and the existing state or federal regulations governing commercial vehicles settlement amounts can differ widely. Remember that plaintiff lawyers are paid on the basis of a contingency. This means they do not get paid until they succeed in winning a case or reach an agreement. It's not surprising that semi-truck accidents are a major source of revenue for attorneys. Settlements can often reach millions of dollars in these cases. This is especially true if the trucking company has been deemed negligent. Liability In the United States, there are more than 100,000 accidents per year involving 18-wheelers. Many of these truck accidents result in serious injuries and even death. Most often, insurance companies lower the cost of victims of these accidents with settlement offers that don't reflect the full extent of their injuries and the damages. However, an experienced 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies in order to obtain their clients maximum settlements. In an 18-wheeler lawsuit, the defendants may be held responsible for economic and noneconomic damages. Economic damages may include medical bills, wages lost 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 litigate in 18 wheeler cases are paid on a contingency basis. This means that they do not get paid until their case is resolved and they agree to a settlement with their client. They must pay court fees, hire experts, other specialists, travel and other expenses associated with winning the case. Damages 18-wheeler accidents can cause serious injuries, especially when they occur at a high speed. Due to the size and weight of these trucks, the impact of an accident can be even more severe than a typical motor vehicle crash. The damages can also be greater. In addition to the property and medical damage that could result from 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 a loved one. If you have experienced loss as a result of a semi truck accident an attorney for personal injury will help you determine all of the compensation that you may be entitled to receive. It's no secret that litigation can be expensive. Plaintiff attorneys must pay for travel expenses for depositions, travel to court, hire experts as witnesses, and pay court costs, so they must receive their clients' funds as quickly as they can. There are ways that plaintiffs can get their money faster following an agreement. These are known as post settlement advances or lawsuit loans. These are an excellent way for injured parties to pay costs while waiting for their settlement. Timeline There are a variety of factors that contribute to the time it takes to settle a truck crash case. The severity of your injuries is a major factor. It is best to wait until your medical condition has improved to the maximum before making a decision on settlement. This is because you might be in a position to claim future losses, such as lost wages and a decreased quality of life. Additionally, your attorney will require evidence to support these claims. A dispute between two parties over the liability of either party can delay the settlement process. This can occur when there multiple insurance companies involved, or if the parties disagree on who was responsible for the accident. A reputable lawyer for truck accidents can help you determine if the insurance company is offering you a fair amount to settle your case and whether or the insurance company will cover all of your current and future losses. If the insurance company refuses to negotiate, it could be necessary to file a lawsuit which could prolong the duration of the case. In some instances it may take a year or more to resolve the case. Settlement There are a few factors that can cause a long time to settle a lawsuit against an 18-wheeler. The severity of the injuries as well as insurance considerations are two factors that can affect the timeline. It can take a while for your doctor to provide documentation of permanent impairments that could affect your future losses. You should never settle a claim for an accident too quickly as it may leave you with no money to cover the full amount of damage. Attorneys representing plaintiffs who litigate in 18-wheeler collisions are paid on a contingency basis and do not get paid until they prevail or reach an agreement. They have to pay for court costs along with travel and expert witness fees throughout the trial. As you could imagine, this can add up quite a bit. Many 18 wheeler plaintiff attorneys utilize post settlement advances (also called lawsuit loans or settlement cash advances) to offset their out-of-pocket legal expenses to be able to collect the money they are owed sooner.