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In New Jersey, the statute of limitations for personal injuries is two years. Injury to personal property has a six-year statute of limitations. Sometimes it's impossible to know what caused an injury until much later.
The result of a settlement agreement involves the responsible party paying a certain amount to compensate for the damages caused to the victim.
Generally, New Jersey's statutes of limitations require that lawsuits be brought within the following periods: Personal Injury Lawsuits: Adults ? within 2 years of the date the injury occurred; Minors ? within 2 years of the person's 18th birthday.
In most personal injury cases, a lawyer's contingency fee will be between 33% and 40% of the compensation recovered for you. Your written fee agreement will specify what percentage of your compensation the lawyer will receive as their fee.
So, any New Jersey property damage lawsuit must be filed within six years of the action that resulted in harm to (or destruction of) the property owner's real or personal property.
It is well known within the legal world that most cases settle before they ever get to trial. Generally, less than 3% of civil cases reach a trial verdict. So, around 97% of cases are resolved by means other than trial.
Most average personal injury car accident cases in New Jersey can take anywhere from six months to two years to resolve. The duration of your case will vary depending on its specifics, including whether it goes to trial.
However the typical personal injury case can take from a few months to a couple of years. Indeed, the timeline of your claim will depend on many different factors, some of which are within the control of you and your lawyer, and others that are largely within the control of the insurance company.