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How Long Does It Take to Settle an 18 Wheeler Lawsuit? The amount of time required to settle a trucking accident case varies from case to case. The timeline for settlement can be affected by a number factors. For instance, it could take some time to determine who is accountable for the accident. A lawyer can assist you identify all the liable parties and maximize the settlement. What to Expect The timeline for a settlement of a 18-wheeler lawsuit is dependent on many factors, including the liability and damages. If the parties involved in the accident are unable to reach an agreement on the responsibility, this could greatly delay the trial. If there are disputes regarding the evidence or the testimony of witnesses, it could delay the proceedings. Settlement amounts can vary greatly in proportion to the severity of injuries and the insurance policy of the trucking company and the laws and regulations of the federal or state that regulate commercial vehicles. Remember that plaintiff attorneys are paid on the basis of contingency. This means they do not get paid until they have won a case, or reached a settlement. It's not surprising that semi-truck accidents are a major source of revenue for lawyers. As such, it's not unusual to see settlements in these cases to exceed millions of dollars or more. This is especially true if the trucking company is declared to be negligent. Liability In the United States, there are more than 100,000 crashes each year that involve 18-wheelers. A lot of these accidents result in serious injuries, or even death. The majority of insurance companies lowball the victims of these accidents by offering settlements that do not reflect the extent of their injuries and the damages. However, a reputable attorney for accidents involving 18 wheels can level the playing field and negotiate with these large insurance companies to get their clients the most lucrative settlements. In a lawsuit involving an 18-wheeler the defendants could be held responsible for non-economic and economic damages. The economic damages can be medical bills, lost wages or future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement or reduced quality of life. Plaintiff attorneys who take part in 18 wheeler cases are paid on a contingency basis. This means that they won't get paid until their case is settled and they agree to a settlement with their client. They must pay court costs as well as hire experts, other specialists, travel and other costs associated with winning the case. Damages 18-wheeler accidents can cause serious injuries, particularly if they occur at a high speed. Due to the size and weight of these trucks, the impact of an accident can be more devastating than a typical motor vehicle accident. This means that the damage could be more severe as well. In addition to the medical and property damage that can result from an 18 wheeler crash victims can also receive compensation for lost wages as well as the grief caused by the loss of a loved one. A personal injury lawyer can help you determine the amount of compensation you are entitled to when you were a victim of a semi truck crash. Litigation can be expensive. Attorneys representing plaintiffs must pay for things like travel for depositions, travel to court, hire experts to testify, and pay for costs for court, so they must receive their clients' money as fast as possible. There are ways that plaintiffs can receive their money sooner after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great option for those injured and need to pay for their expenses while they await their settlement. Timeline There are a variety of factors that contribute to the time it takes to settle a truck accident case. One of the major factors is the severity of your injuries. It is best to wait until your medical condition has improved to its maximum before making a decision on settlement. This is because you could be entitled to claim future losses such as lost wages or a diminished quality of life. Additionally, your attorney will need evidence to prove these claims. Another factor that can prolong the settlement process is a dispute between parties over the liability of damages or liability. This is often the case when multiple insurance companies are involved, or the parties disagree on who is at fault. 18 wheeler accident law firm duluth qualified attorney for truck accidents can assist you in determining whether the insurance company offers you a fair amount and if it will cover future and present damages. If the insurance company refuses to negotiate, it may be required to file a lawsuit that could extend time for the case. In some cases, the case could take more than a year for the resolution. Settlement There are several things that can significantly lengthen the timeline it takes for an 18-wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two elements that can impact the timeline. It could take a bit of time for your doctor's report to demonstrate permanent impairments, which could affect the future loss you suffer. You should never settle a claim for an accident too quickly as it may leave you without a sufficient amount to cover all damage. Plaintiff attorneys who litigate 18 wheeler accidents are paid contingency fees. They don't get paid until they prevail or reach an agreement. They must pay for court costs along with travel and 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 attorneys employ settlement cash advances, or lawsuit loans to cover their legal costs out of pocket. This lets them receive the funds earlier.