Sec. 2254.105. CERTAIN GENERAL CONTRACT REQUIREMENTS. 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.
Added by Acts 1999, 76th Leg., ch. 1499, Sec. 3.03, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2254 - Professional and Consulting Services
Subchapter C. Contingent Fee Contract for Legal Services
Section 2254.102. Applicability
Section 2254.103. State Governmental Entity: Contract Approval; Signature
Section 2254.1032. Political Subdivision: Selection of Provider
Section 2254.1034. Political Subdivision: Indemnification
Section 2254.1036. Political Subdivision: Contract Notice; Approval by Governing Body
Section 2254.1037. Political Subdivision: Contract as Public Information
Section 2254.1038. Political Subdivision: Attorney General Review of Contract
Section 2254.104. Time and Expense Records Required; Final Statement
Section 2254.105. Certain General Contract Requirements
Section 2254.106. Contract Requirements: Computation of Contingent Fee; Reimbursement of Expenses
Section 2254.107. Mixed Hourly and Contingent Fee Contracts; Reimbursement for Subcontracted Work
Section 2254.108. Fee Payment and Expense Reimbursement