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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 varies from one to the next. The timeframe for settlement can be affected by a variety of factors. For instance, it may take some time to determine who is accountable for the accident. A lawyer can help you identify all the liable parties and maximize your settlement. What to Expect The time frame for settling in a case involving an 18-wheeler depends on a variety factors such as the liability and damages. If the parties involved in the collision are unable to reach an agreement on the fault, this can greatly delay the process. If there are 18 wheeler accident attorney houston over the evidence or testimony of witnesses, this could also delay the case. Depending on the extent of the injuries, the scope of the trucking company's insurance policy and the current state or federal regulations that govern commercial vehicles, settlement amounts can be wildly different. Remember that plaintiff attorneys are paid on a contingency basis. This means they don't get paid until they have won a case, or reached an agreement. Because of the severe and often fatal injuries that can result from semi-truck accidents it's no surprise that these cases are a huge business for the attorneys who handle them. Settlements can reach millions of dollars in these cases. This is especially true if the trucking company is declared to be negligent. Liability In the United States, there are more than 100,000 accidents per year involving 18-wheelers. Many of these crashes result in serious injuries, or even death. Insurance companies tend to undervalue the injuries and damages suffered by victims in these accidents. A good 18 wheeler accident lawyer can negotiate with big insurance companies to secure the best settlement for their clients. The defendants in a lawsuit against an 18-wheeler may be held liable for various damages, including economic and non-economic damages. Economic damages can include medical bills, wages lost and future earnings. Non-economic damages include pain and suffering and emotional distress, disfigurement and diminished quality of life. Plaintiff attorneys who handle 18 wheeler cases work on a contingency fee basis, which means they don't receive any money until they succeed in their case and negotiate an agreement with their client. They are required to pay court costs and also hire experts, specialists, travel, and other expenses associated with winning the case. Damages 18-wheeler accidents can cause serious injuries, particularly if they occur at a high speed. The consequences of an accident involving an 18-wheeler is more severe due to 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 crash victims may also be eligible for compensation for their lost earnings and the pain caused by the loss of loved ones. A personal injury lawyer can help you determine the maximum amount of compensation you are entitled to when you have suffered losses as a result of an accident involving a semi-truck. Legal proceedings can be costly. Plaintiff attorneys must pay for depositions, travel, expert witnesses, and court costs. They need the money of their clients as fast as they can. There are a variety of ways that plaintiffs can receive their money quicker after a settlement. These are referred to as post settlement advances or lawsuit loans. These are an excellent way for injured parties to cover expenses while waiting on their settlement. Timeline There are many elements that determine how long it takes to settle a truck crash case. The severity of your injuries is a significant factor. It is best to wait until your medical condition has improved to the maximum before you settle. This is because you could be entitled to claim future losses such as lost wages and diminished quality of life, and your attorney will need evidence to prove these claims. A dispute between the parties about the liability or damages could delay the settlement process. This can occur when multiple insurance companies are involved or the parties are not able to agree on the fault of one party. A qualified truck accident lawyer will help you determine if the insurance company is offering an appropriate amount for your case and whether or the insurance company will take care of all your current and future losses. If the insurance company refuses to compromise, it could be necessary to file a lawsuit which can extend time for the case. In certain cases it could take longer than a year to settle. Settlement There are several things that can significantly lengthen the time it takes for an 18-wheeler lawsuit to settle. The degree of the injuries and insurance considerations are two factors that can affect the timeline. It can take a while for your doctor to provide documentation of permanent impairments that could impact your future losses. Do not settle an injury claim too quickly, as it could leave you with no money to cover the full amount of losses. Plaintiff attorneys who handle 18 wheeler accidents are paid contingency fees. They aren't paid until they are successful or reach an agreement. This means they've to invest their own money to pay for the costs of court, travel, and expert witness fees all throughout the case. As you can imagine, this could add up to a large amount. Many 18 wheeler plaintiff attorneys use post settlement advances (also called lawsuit loans or settlement cash advances) to help offset their legal costs out-of-pocket to get the money they are owed sooner.