15 Startling Facts About 18-Wheeler Accident Attorney You've Never Heard Of
How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time it takes to settle a trucking accident situation can differ from case to case. There are many factors that could affect the time frame of settlement.
It can take some time to determine who is accountable for an accident. A lawyer can assist you determine all the parties responsible and maximize the amount you receive.
What to Expect
The timeline for a settlement of a 18-wheeler lawsuit is dependent on a myriad of factors, including the liability and damages. If the parties involved in the collision are unable to reach an agreement on the their respective faults, this could delay the case. Additionally, if there are any disputes over witnesses' testimony or evidence the process could take longer time to solve these issues.
Based on the severity of the injuries, the scope of the insurance policy of the trucking company and the current state or federal regulations governing commercial vehicles, settlement amounts can be wildly different. It's important to note that plaintiff attorneys are paid on a contingency basis, which means they don't get paid unless they win or reach a settlement in the case.
Because of the severe and often fatal injuries that can result from semi-truck accidents it's not a surprise that these cases are big business for the attorneys who handle them. It's unusual to see settlements in these cases to be millions of dollars or more. This is especially true if the trucking company has been considered to be negligent.
Liability
Each year, there are nearly 100,000 accidents involving 18 wheelers across the United States. Many of these accidents result in serious injuries and even death. Insurance companies often undervalue the injuries and damages suffered by victims in these accidents. However, a reputable 18 wheeler accident attorney can even the playing field and negotiate with these large insurance companies to secure their clients the maximum settlements.
The defendants in an 18 wheeler lawsuit could be held responsible for several types of damages, such as economic and non-economic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages can include suffering and pain as well as emotional distress, disfigurement, and a lower quality of life.
Plaintiff attorneys who are litigating in 18 wheeler cases are compensated on a contingency basis. This means that they don't get paid until their case is resolved and they agree to a settlement with their client. In the meantime, they have to pay for court costs, conduct depositions and hire experts, other specialists, travel and pay for any other expenses related to winning a case.
Damages
18-wheeler accidents could cause serious injuries, particularly when they happen at high speeds. Due to the weight and size of these trucks, the impact could be even more severe than a regular motor vehicle crash. The damages could also be more extensive.
In addition to the physical and medical damages that can be caused by the crash of an 18 wheeler victims may also be eligible for compensation for lost income and the grief caused by the loss of loved ones. If you've suffered losses from a semi truck accident A personal injury lawyer can assist you in determining all of the compensation that you may be entitled to receive.
It's not a secret that litigation is expensive. Plaintiff attorneys must pay for depositions, travel, 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 receive their funds quicker after 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 many factors that affect the length of time required to settle an accident case with a truck. The severity of your injuries is a significant factor. 18 wheeler accident lawsuit san marcos is important to wait until you have reached your maximum level of medical improvement before you settle. This is due to the fact that you may be eligible to claim future losses such as lost wages and diminished quality of life, and your attorney will require evidence to prove these claims.
Another reason that could delay the process of settlement is a dispute between two parties about liability or damages. This can happen when multiple insurance companies are involved or the parties do not agree on the fault of one party.
A qualified attorney for truck accidents can help you determine if the insurance company provides you with an acceptable amount and if it will cover future and present damages. If the insurance company is unwilling to compromise, it could be necessary to file a lawsuit that could extend time for the case. In certain instances, the case could take more than a year to resolve.
Settlement
There are a few elements that could cause the longest time to settle a lawsuit involving an 18-wheeler. This includes the severity of injuries and the insurance concerns involved. It can also take time for your doctor to provide documentation of permanent impairments that could impact your future losses. Don't settle an accident claim too quickly, as it could leave you without money to cover your full range damage.
Attorneys who represent plaintiffs in 18-wheeler collisions are paid on a basis of contingency fees and do not get paid unless they prevail or reach an agreement. This means they have to invest their own money to cover court costs, travel, and expert witness fees all during the course of this case.
As you can imagine this can add up to quite a large amount. Many 18 wheeler plaintiff attorneys utilize post settlement advances (also called lawsuit loans or settlement cash advances) to offset their legal expenses out of pocket to be able to collect the money they're owed sooner.