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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The time required to settle a trucking accident case varies from case to case. The length of time for settlement may be affected by many factors. For instance, it might take a while to determine who is accountable for the accident. A lawyer can assist in identifying the responsible parties and maximize the settlement. What to Expect The time frame for settling of a 18-wheeler lawsuit is dependent on many factors, including the liability and damages. The case could be delayed if the parties involved in the collision cannot reach an agreement on who is responsible. Furthermore, if there is any disagreements over evidence or witness testimony the process could take longer time to solve these issues. Settlement amounts vary depending on the extent of injuries and the insurance policy of the trucking company and the state or federal regulations that govern commercial vehicles. Keep in mind that plaintiff attorneys are paid on a contingency basis. This means they don't get paid until they are successful in a case or agree to a settlement. It's no surprise that semi-truck accidents are a lucrative business for lawyers. It's uncommon for settlements in these cases to reach millions of dollars or more. This is especially true when the trucking company is found to be negligent. Liability Each year, there are more than 100,000 accidents involving 18 wheelers across the United States. A lot of these accidents result in serious injuries and even death. Insurance companies often undervalue the damage and injuries suffered by victims in these accidents. However, an experienced attorney for accidents involving 18 wheels can level the playing field and negotiate with these huge insurance companies in order to obtain their clients the most lucrative settlements. In a lawsuit brought against an 18-wheeler, the defendants may be held accountable for economic and noneconomic damages. Economic damages may include medical bills, lost wages and future earnings. Non-economic damages can include pain and suffering, emotional distress, disfigurement and diminished quality of life. Plaintiff attorneys who litigate in 18 wheeler cases are paid 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. They have to pay court costs, hire experts, other specialists, travel, and other costs associated in winning the case. Damages 18 wheeler accidents can result in severe injuries, particularly in high-speed collisions. Due to the weight and size of these trucks, the impact could be even more severe than a regular motor vehicle accident. The damage could be more severe. In addition to medical and property damages that can result from a 18-wheeler crash victims could also be entitled to compensation for the loss of wages and grief due to the loss of a loved. A personal injury lawyer can help determine the full compensation you can receive if you have suffered losses due to a semi truck crash. The cost of litigation can be high. Attorneys representing plaintiffs have to pay for travel expenses for depositions, travel to court, hire expert witnesses, and cover court costs, so they need their clients' money as fast as they can. There are a variety of ways that plaintiffs can receive their funds quicker after settlement. These are known as post settlement advances or lawsuit loans. These are a great option for injured parties who need to cover their expenses while they await their settlement. Timeline Many factors influence the amount of time it takes to settle an accident case that involves a truck. One major factor is the severity of your injuries. It is best to wait until your condition has improved to its maximum before you settle. You could be eligible to claim future losses, such as loss of wages or a lower standard of life. Your attorney will need to provide evidence to support your claims. A dispute between the parties regarding the amount of liability or damages can prolong the settlement process. This can occur when there multiple insurance companies involved, or if the parties disagree on who was at fault for the accident. A qualified attorney for truck accidents can help you determine if the insurance company is willing to pay an acceptable amount and if it will pay for future and current damages. If the insurance company refuses to compromise, it could be required to file a lawsuit which could prolong the timeline for the case. In certain cases it may take up to a year or more finish the case. Settlement There are several things that can dramatically extend the time it takes for an 18-wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two aspects that could affect the timeframe. It could take a bit of time for your doctor's documentation to show permanent impairments which could impact the future loss you suffer. It is essential to never settle your accident claim in a hurry, as it may leave you without the money you need to recover for the full range of damage. Attorneys representing plaintiffs who litigate in 18-wheeler crashes are paid on a contingent fee basis and are not paid unless they win or negotiate a settlement. This means that they've had to put aside their own money to pay for expenses for travel, court costs and expert witness expenses all during the the case. As you are able to imagine, this can add up quite a bit. 18 wheeler accident attorney portsmouth of plaintiff attorneys with 18 wheels utilize settlement cash advances or lawsuit loans to offset their legal costs out of pocket. This lets them receive the funds earlier.