This is the best part! When all is said and done Frizzie may end up having to write 5000 plus refund checks to his clients.
Texas State Bar Rule 104 (as amended March 1, 2005) provides guidelines for determining whether an attorney fee is reasonable. If the fees accumulated by the payment of this $25.00 retainer exceeds all reasonable and necessary attorney fees and costs incurred by the shareholder group, all excess funds will be distributed to each client on a pro rata basis.
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