Average settlement trading takes one to three months once all relevant variables are presented. However, some agreements may take much longer to resolve. By partnering with specialized legal counsel, you can speed up the negotiation process and get compensation faster. If you can't reach a settlement, your case will go to litigation, which will start the discovery process.
It's important to note that even if your case begins the litigation process, your lawyer can and will continue to negotiate with the insurance company to reach a settlement. The discovery process can take several months to a year, so it's not uncommon to reach a settlement before a trial begins. This outcome is especially common if, as you progress through the discovery process, the strengths of your case become more apparent. In general, the negotiation process for the agreement usually takes from a few weeks to a few months.
If all goes well, you and the other party will agree to a fair settlement for your damages. The typical time frame for the liquidation process is four to six weeks. This will vary on a case by case basis. The trading time frame will vary depending on the number of bids and counteroffers that occur before you accept a settlement amount.
It usually takes one to two weeks for the insurance company to respond to your demand letter. Then, it can take weeks to months until you come to an agreement that you accept. Some people accept the first or second offer, while others may accept the third or fourth counteroffer. So how long do those stages take to settle in, from start to finish? It can take weeks to get money after settling your Pittsburgh personal injury case.
By most estimates, it can take more than a month before the settlement is finalized and the money is in your hands. There are still a few steps to complete in the liquidation process, even after reaching an agreement. Only after completing these steps will the insurance company send us the check and we will pay you as soon as possible. As mentioned before, most injured victims receive their settlement funds within about six weeks of the end of negotiations.
In cases where the liquidation for car accidents reaches six figures, it is common for the review process to take much longer.