How Long Does a Settlement Take?

Each personal injury case is different, so there is no clear-cut answer when it comes to how long it will take to settle your Chicago personal injury case. Some cases can be be resolved quickly settled in a few days or weeks while others stretch out over months or even longer.

At The Kryder Law Group, LLC Accident and Injury Lawyers we understand that navigating through the legal and court system can be daunting. We provide our clients with clear guidance and explain every step of the personal injury settlement process so they are informed throughout. So, the best way to find out how long it will be before you see your settlement check is to talk to a personal injury lawyer at our law firm about the details of your severe injuries.

Common Factors that Determine How Long a Personal Injury Lawsuits Take

There are many factors that can determine how long it will be before you see a settlement check from the insurance company in a personal injury lawsuit. Talking to your experienced personal injury attorney about the details of your case is the best way to get an idea of what you can expect throughout the whole civil lawsuit process and whether or not the following factors will make your case quick to settle or take a long time.

The Complexity of the Case

Complex personal injury cases with intricate details can take longer to settle than simple ones. For example, if you were injured in a car accident and the other driver was clearly at fault, that would be simpler to prove than if your case involved medical malpractice, wrongful death, or a product liability claim.

The Insurer’s Attitude

Insurance companies may opt for quick and easy settlements when they know their insured is liable for an injury. On the other hand, some insurance companies may try to drag out the process in the hopes that you’ll accept a lower settlement.

The Severity of Your Injuries

If you sustained catastrophic or life-altering injuries, your lawyer may need more time to collect evidence and build a strong case for damages including pain and suffering. For example, your lawyer may need to consult medical experts and calculate the value of your future lost wages due to an inability to work as well as the costs of future medical treatment.

The Amount of Money You are Requesting in Damages

The amount of money you request for damages can also affect how long it takes to settle a case. The higher your demands, the more likely it is that the process will take longer as your lawyer and the insurance company will need to negotiate with each other.

Whether Multiple Parties Were Involved in the Accident

If more than one person was responsible for causing the incident, your lawyer may need more time to identify all of the responsible parties involved and negotiate a settlement. If there are multiple liable parties, there are probably also multiple insurance companies involved, and that can lead to a prolonged negotiation process.

The Willingness of Both Sides to Agree During Settlement Negotiations

If you refuse to accept a settlement offer that has been made, your case could take longer to settle. Your personal injury lawyer may need to go back to the negotiation table in order to get you a better offer. Likewise, if the other party is unwilling to negotiate or compromise, your case could take even longer.

The Timeline for Your Case

Ultimately, talk to an experienced attorney at The Kryder Law Group, LLC Accident and Injury Lawyers to find out what timeline you should expect in your case. Our attorneys will use the details of your case to provide you with an estimate so you can plan accordingly. We will look at all angles and make sure that every negotiation is done in a timely manner. With us on your side, you can be sure that we will fight for the compensation you deserve. Contact us today for a free consultation and let us help guide you through the settlement process.

Most Common Reasons for a Delay in Settling a Chicago Personal Injury Case

Although every case is different, there are a few common factors that may delay the settlement of a personal injury case. These include:

The Need for Additional Documentation to Prove Liability

In order to receive compensation for your losses, you must be able to provide evidence of your serious injuries, medical bills, and medical expenses. If your lawyer needs additional documents or medical records to prove liability, that can add weeks or months to the timeline.

The Difficulty of Negotiations

If both sides are unwilling to negotiate or compromise on a settlement amount, this can lead to a lengthy and drawn-out process. Your attorney will work hard to get you the fair compensation you deserve, but it may take some time before both parties can come to an agreement.

Issues with Liability

If it is difficult to determine who was at fault for causing the accident, resolving differences among all parties can take longer than expected. For example, if both parties were partially at fault, it may take time to negotiate who is liable for what proportion of the damages.

The Need for a Trial

If the two sides cannot agree on a settlement, your case may eventually need to go to trial in court to seek compensation. This could take months or even years before you see any resolution.

Determining How Long Your Case Will Take

At The Kryder Law Group, LLC Accident and Injury Lawyers we understand that navigating through a personal injury lawsuit can be a long and difficult process. We strive to provide our clients with clear guidance and explain every step of the personal injury settlement process so they are informed throughout. So, the best way to find out how long it will be before you see your settlement check is to talk to us about the details of your personal injuries. Contact us today for a free case evaluation and get your questions answered about personal injury law.

How Long Does an Insurance Company Have to Pay a Personal Injury Claim After the Settlement is Reached in Illinois?

Under Illinois law, insurance companies must pay a settlement check for a personal injury claim within 30 days of the settlement being reached. If they do not meet this deadline, you may be eligible to receive additional compensation for the delay.