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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The time it takes to settle a truck crash case differs from one to the next. There are a number of factors that can influence the time frame of settlement. For example, it can take time to determine who is responsible for the accident. A lawyer can assist you identify all the liable parties and maximize the settlement. What to Expect The time frame for settling of a lawsuit against an 18-wheeler depends on a variety of factors, including liability and damages. If the parties involved in the collision are unable to come to an agreement on who is at fault, it could delay the trial. Furthermore, if there is 18 wheeler accident law firm redondo beach regarding witness testimony or evidence, it may take more time to solve these issues. Settlement amounts vary depending on the extent of injuries, the insurance policy of the trucking firm and the current state or federal regulations that govern commercial vehicles. It's important to keep in mind that plaintiff attorneys are paid on a contingency basis, meaning they don't get paid unless they win or reach a settlement in the case. It's not surprising that semi-truck accident cases are a major source of revenue for attorneys. Settlements often amount to millions of dollars in these cases. This is particularly true when the trucking company has been found to be negligent. Liability Every year, there are more than 100,000 accidents involving 18 wheelers across the United States. Many of these truck accidents cause serious injuries and even death. Most often, insurance companies make it difficult for victims of these accidents with settlements that do not reflect the extent of their injuries and damages. A good 18 wheeler accident lawyer can negotiate with large insurance companies to get the most favorable settlement for their clients. In a lawsuit brought against an 18-wheeler, the defendants may be held responsible for economic and noneconomic damages. Economic damages can include medical bills, lost wages and future earnings. Non-economic damages 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 do not get paid until the case is settled and they agree to a settlement with their client. In the meantime, they need to cover court costs, take depositions and hire experts, other specialists, travel and pay for other expenses related to winning a case. Damages 18-wheeler accidents can cause serious injuries, especially when they occur at a high speed. The impact of an 18-wheeler crash can be more than normal because of its weight and size. This means that the damages could be more extensive as well. In addition to the medical and property damages that can result from a collision with an 18-wheeler victims could be able to claim compensation for the loss of earnings and grief caused by the loss of loved ones. A personal injury lawyer can help determine the maximum amount of compensation you are entitled to when you are suffering losses as a result of an accident involving a semi-truck. It's no secret that litigation can be costly. Attorneys representing plaintiffs have to pay for depositions, travel expenses, expert witnesses, and court costs. They must receive the money of their clients as quickly as possible. There are a variety of ways that plaintiffs can receive their funds more quickly after a settlement. These are known as post-settlement advances, lawsuit loans, or settlement cash advances. These are an excellent way for injured parties to pay expenses while they wait on their settlement. Timeline There are a variety of factors that contribute to the time it takes to settle a truck accident case. The most important factor is the severity of your injuries. It is crucial to wait until you have reached maximum medical improvement before you settle. This is because you could be eligible to claim future losses, such as lost wages and a decreased quality of life. In addition, your attorney will require evidence to prove these claims. Another factor that can prolong the process of settlement is a dispute between two parties about liability or damages. This can often happen when there are several insurance companies involved or if the parties are arguing over who was at fault for the incident. A reputable truck accident lawyer can help you determine whether the insurance company is offering you a fair amount for your case and whether or not it will cover all of your future and current losses. If the insurance company is not willing to negotiate, you could need to file a lawsuit and this can extend the time frame of the case. In certain cases the case could take more than a year to settle. Settlement There are several factors that could cause the longest time to settle a lawsuit against an 18-wheeler. This is due to the severity of the injuries and the insurance considerations involved. It could take a bit of time for your doctor's records to identify permanent impairments that could impact the future loss you suffer. You should never settle an injury claim too soon as this can result in you not having enough money to cover the full amount of damages. Attorneys who represent plaintiffs in 18 wheeler accidents are paid contingency fees and don't get paid until they prevail or reach an agreement. They have to pay for court costs as well as travel expenses and expert witness fees during the trial. As you can imagine, this could add up to a lot. Many 18 wheeler plaintiff attorneys make use of post-settlement advances (also known as lawsuit loans or settlement cash advances) to help offset their legal expenses out of pocket to be able to collect the money they owe sooner.