The difference between partnership system and company system of law firm.

Legal analysis: 1, the legal basis for its establishment is different: the partnership enterprise is a partnership agreement based on all the partners expressing the same meaning, which is binding on the conclusion of the partnership agreement; The company is based on the articles of association.

2. Different legal status: the partnership enterprise does not have legal person status, and the property of the partnership enterprise is generally owned by all partners; And the company has an independent legal personality, which is different from the property of shareholders.

3. Different modes of operation: In general, the partnership affairs of a partnership enterprise can be carried out in accordance with the partnership agreement or decided by all partners, or one or more partners can be entrusted to carry out the partnership affairs on behalf of the partnership enterprise. The company has a relatively sound management organization, which is generally handled by the legal representative of the company on behalf of the company.

4. The exit mechanism is different: in a partnership, there are strict restrictions on the partners who want to quit and transfer the property they contributed. When a partner transfers all or part of his share of property in the partnership to a person other than the partner, it must be unanimously agreed by the other partners. When transferring all or part of the property share in the partnership between partners, the other partners shall be informed. In contrast, shareholders of a limited company do not need to obtain the consent of any other shareholders when transferring their shares to other shareholders within the company. When you want to transfer shares to the outside world, you don't need the consent of all shareholders, only more than half of the other shareholders.

Legal basis: Article 23 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for the establishment of a limited liability company: (1) The number of shareholders meets the quorum; (2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association; (3) Shareholders * * * agree to formulate the Articles of Association; (4) Having a company name and establishing an organization meeting the requirements of a limited liability company; (5) Having a company domicile.