What Is 18-Wheeler Accident Attorney And Why Is Everyone Speakin' About It?
How Long Does It Take to Settle an 18 Wheeler Lawsuit?
The time it takes to settle a truck accident case varies from one case to the next. The time frame for settlement could be affected by many factors.
For 18 wheeler accident lawyer hillsboro , it could take some time to determine who is accountable for the accident. A lawyer can help you determine all the parties responsible and maximize the amount you receive.
What to Expect
The time frame for settling of a lawsuit involving an 18-wheeler is contingent on a myriad of factors, including the possibility of liability and damages. The case can be delayed if parties to the accident cannot agree on the cause of the accident. In addition, if there are any disagreements about 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 trucking company's insurance policy and the existing state or federal regulations that govern commercial vehicles, settlement amounts can differ widely. It's important to remember that plaintiff lawyers work on a contingency fee basis, meaning they don't get paid unless they win or reach a settlement in the case.
Due to the serious and often fatal injuries that can result from semi-truck accidents, it's no surprise that these cases are lucrative for the attorneys who handle them. Settlements can often reach millions of dollars in these cases. This is especially true when the trucking company is deemed negligent.
Liability
In the United States, there are more than 100,000 accidents every year that involve 18-wheelers. A lot of these accidents result in serious injuries or death. Often, insurance companies will lowball the victims of these accidents with settlement offers that do not reflect the full extent of their injuries and damages. However, a reputable attorney representing victims of accidents on 18 wheels can level the playing field and negotiate with these huge insurance companies to ensure that they offer their clients the highest settlements.
The defendants in a case involving an 18 wheeler could be held accountable for several types of damages, including economic and non-economic damages. Economic damages may include medical bills, wages lost and future earnings. Non-economic damages could include pain and suffering, emotional distress, disfigurement and diminished quality of life.
Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, meaning that they don't receive any money until they prevail and agree to a settlement for their client. They must pay court fees as well as hire experts, other specialists, travel and other expenses associated in winning the case.
Damages
18-wheeler accidents can cause serious injuries, especially if they occur at a high speed. The impact of an 18-wheeler accident can be more severe because of its weight and size. This means that damages can be more severe as well.
In addition to the medical and property damage that could result from an 18-wheeler collision, victims may also be entitled to compensation for the loss of wages and grief caused by the death of loved ones. If you've suffered loss as a result of a semi truck accident, a personal injury lawyer can help you determine the amount of the compensation you are entitled to receive.
It's not a secret that litigation can be expensive. Attorneys representing plaintiffs need to pay for depositions, travel, expert witnesses and court costs. They must receive the money of their clients as fast as they can. There are a variety of ways that plaintiffs can receive their money more quickly after a settlement. These are referred to as post settlement advances or lawsuit loans. They are a great choice for injured parties who need to pay for their expenses while they await their settlement.
Timeline
There are many factors that affect how long it takes to settle a truck accident case. The severity of your injuries is a significant factor. It is important to wait until you've reached your maximum level of medical improvement before making a decision to settle. You could be eligible to claim future losses, such as lost wages or the lower quality of life. Your lawyer will have to provide evidence to support your claims.
Another factor that can lengthen the settlement process is a dispute between parties over liability or damages. This can happen when multiple insurance companies are involved, or the parties do not agree on who is responsible.
A reputable lawyer for truck accidents can help you determine whether the insurance company is offering an acceptable amount for your case, and whether or not it will take care of all your future and current losses. If the insurance company refuses to negotiate, it could be necessary to file a suit that could extend the time frame for the case. In certain cases, the case could take longer than a full year to resolve.
Settlement
There are several things that can significantly lengthen the timeline it takes for an 18-wheeler lawsuit to reach a settlement. The extent of the injuries and insurance considerations are two of the factors that can impact the timeline. It could also take time for your doctor's report to identify permanent impairments that could impact your future losses. It is not advisable to settle an accident claim too soon as this can result in you not having enough money to cover the full amount of losses.
Attorneys who represent plaintiffs in 18-wheeler collisions are paid on a contingent fee basis and do not get paid until they win or agree to a settlement. They are required to pay court costs and travel expenses as well as expert witness fees during the trial.
As you can imagine this could add up to a quite a lot. Many 18 wheeler plaintiff attorneys make use of post settlement advances (also known as settlement cash advances) to pay for their out-of-pocket legal expenses so that they can get the money that they are owed sooner.