(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).

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