(a) An attorney, in practice before the commission, shall observe:
  (1) these rules;
  (2) the Texas Disciplinary Rules of Professional Conduct; and
  (3) the Texas Lawyer's Creed, promulgated by the Supreme Court of Texas on November 7, 1989.
(b) An attorney who undertakes representation of a claimant on a valid compensation claim and a third party liability action shall not abandon the compensation claim for the purpose of avoiding the maximum attorney fee established under the Texas Workers' Compensation Act (the Act), §4.09.
(c) An attorney who fails to comply with this rule may be assessed an administrative penalty under the Act, §10.07(a)(11).

Source Note: The provisions of this §150.1 adopted to be effective March 7, 1991, 16 TexReg 1196.