A law firm refers to a working institution where lawyers of the People's Republic of China perform their duties and conduct business activities. Law firms are organizationally supervised and managed by judicial administrative agencies and lawyers associations. The conditions that a law firm should meet are: (1) It has its own name, address and articles of association; (2) It has assets of more than 100,000 yuan; (3) It has lawyers who comply with the provisions of the Lawyers Law and it is within the prescribed scope of professional activities Within the agency, it accepts entrustments from Chinese and foreign parties and provides various legal services; it is responsible for the specific assignment and guidance of the business work of its lawyers; as needed, with the approval of the Ministry of Justice, professional law firms can be established, and qualified law firms can Based on the principle of professional division of labor, several business groups are set up internally. In principle, law firms are located in counties, cities, and municipal districts, and there is no affiliation between law firms.
There are partnership law firms, individual firms run by individual lawyers, and cooperative law firms run jointly by lawyers. The former has the same nature as the Legal Counsel Office, but has a different name. The latter emerged during reform and opening up, and is responsible for its own profits and losses and has independent accounting. There is no difference in the content of legal services they provide.
A partnership law firm can be established in the form of a general partnership or a special general partnership. The partners of a partnership law firm shall be legally responsible for the debts of the law firm in accordance with the partnership form.
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