Personal Injury Contingency Fee Agreements: Avoiding Pitfalls; Key Provisions; Best Drafting Practices
Dividing Fees Between Discharged and Successor Counsel, Fee Formulas and Amounts, Conflicts, Conversion Clauses
A live 90-minute CLE video webinar with interactive Q&A
This CLE webinar will review best practices for drafting plaintiff's contingency fee agreements. The panel will examine the principal sections of a contingency fee agreement that should be included and what provisions should not be included without rendering the agreement unenforceable. The program will also discuss the division of fees between discharged and successor counsel.
Outline
- Overview of history of contingency fees
- Requirements of Rule 1.5
- Key provisions that must be included in contingency fee agreements
- Provisions that may void contingency fee agreements
- Best drafting practices
Benefits
The panel will review these and other key issues:
- What is the effect of a damages cap on a contingency fee contract?
- Do contingency fees incentivize lawyers to settle cases in their own financial interest?
- What are the most important provisions?
- Why may clients refuse to pay the contingency fee?
Faculty

Joe Ervin
Attorney
The Law Firm for Truck Safety
Mr. Ervin is an Oklahoma trial lawyer who limits his practice to cases involving commercial motor vehicle crashes,... | Read More
Mr. Ervin is an Oklahoma trial lawyer who limits his practice to cases involving commercial motor vehicle crashes, and wrongful death. He holds a valid Class “A” Commercial Driver’s License with endorsements for double and triple trailers and tankers. Mr. Ervin is a 2013 graduate of the Gerry Spence Trial Lawyers College in Dubois, Wyoming, and is rated AV Preeminent™ by Martindale-Hubbell. He has taught both lawyers and law enforcement officers about heavy truck regulation and safety. Mr. Ervin has served on the faculty for the American Association for Justice’s Advanced Trial Advocacy College: Litigating Truck Collision Cases and the Academy of Truck Accident Attorneys Annual Symposiums. He is an active member of the AAJ Trucking Litigation and Bus Litigation Groups and is a former member of the Association of Plaintiff Interstate Trucking Lawyers of America (APITLA). Mr. Ervin serves on the Board of Regents for the Academy of Truck Accident Attorneys. He is regularly retained by lawyers to consult and co-counsel on complex commercial truck cases and has tried numerous cases against motor carriers, brokers, and truck leasing companies.
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Randy Johnston
Shareholder
Johnston Tobey Baruch
Mr Johnston handles cases involving professional malpractice and breaches of fiduciary duty as well as other... | Read More
Mr Johnston handles cases involving professional malpractice and breaches of fiduciary duty as well as other business disputes. He is regularly featured as one of the city’s best litigators by D Magazine and is a fixture on the list of the Texas Super Lawyers from 2003-2022 by Thomson Reuters. He was chosen by his peers and independent researchers as one of the Top 100 Attorneys in Texas (by Thomson Reuters 2010-2011, 2013). Texas Lawyer named him the premier plaintiff’s legal malpractice lawyer in the State in its Go-To-Guide. The Tort and Insurance Practice Section of the Dallas Bar Association awarded him the 2012 Texas Trial Legends Award, and the Dallas Bar Association named him Trial Lawyer of the Year in 2016. He also has been recognized by Best Lawyers in America for Professional Malpractice Law, Legal Malpractice Law, Commercial Litigation, and Mergers & Acquisitions Litigation (BL Rankings 2011-2020). Mr Johnston has been recognized as Lawyer of the Year in Dallas/Fort Worth in 2017-2023 by Best Lawyers in America. From 2020–2022, he was named to the Lawdragon 500, which annually recognizes the 500 Leading Lawyers in America.
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Ryan L. Thompson
Managing Partner
Thompson Law
Mr. Thompson is the managing partner of Thompson Law LLP and serves as the firm’s lead trial... | Read More
Mr. Thompson is the managing partner of Thompson Law LLP and serves as the firm’s lead trial counsel. He has devoted all of his professional time to representing victims of trucking accidents, car accidents, construction accidents, slip & fall accidents, premises liability cases, work accidents, dog bite an other animal attack claims, motorcycle accidents, pedestrian accidents, and many other personal injury related claims across Texas and the entire United States. Mr. Thompson has dedicated his entire career and substantial resources to representing accident and injury victims with a focus towards helping his clients recover while achieving exceptional results related to their claims.
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