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Current as of January 01, 2024 | Updated by Findlaw Staff
The contract must:
(1) provide for the method by which the contingent fee is computed;
(2) state the differences, if any, in the method by which the contingent fee is computed if the matter is settled, tried, or tried and appealed;
(3) state how litigation and other expenses will be paid and, if reimbursement of any expense is contingent on the outcome of the matter or reimbursable from the amount recovered in the matter, state whether the amount recovered for purposes of the contingent fee computation is considered to be the amount obtained before or after expenses are deducted;
(4) state that any subcontracted legal or support services performed by a person who is not a contracting attorney or a partner, shareholder, or employee of a contracting attorney or law firm is an expense subject to reimbursement only in accordance with this subchapter; and
(5) state that the amount of the contingent fee and reimbursement of expenses under the contract will be paid and limited in accordance with this subchapter.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2254.105. Certain General Contract Requirements - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2254-105/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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