The registered capital of a law firm is divided into: general partnership law firm: assets of more than 300,000 yuan; Special general partnership law firm: assets10 million yuan or more; /kloc-assets of more than 0/00000 yuan. Measures for the Administration of Law Firms Chapter II Conditions for the Establishment of Law Firms Article 5 A law firm may be established by lawyers in partnership, by individual lawyers or at the expense of the state. A partnership law firm may be established in the form of general partnership or special general partnership. Article 6 The establishment of a law firm shall meet the following basic conditions: (1) Having its own name, domicile and articles of association; (2) Having lawyers who meet the requirements of the Lawyers Law and these Measures; (3) The promoters shall be lawyers with certain practice experience who can practice full-time, and have not been punished for stopping practicing within three years before the application for establishment; (4) Having assets that meet the requirements of these Measures. Article 7 The establishment of a general partnership law firm shall meet the following conditions in addition to those stipulated in Article 6 of these Measures: (1) A written partnership agreement; (2) Having three or more partners as promoters; (3) The promoters shall be lawyers with more than three years' practice experience who can practice full-time; (4) Having assets of more than RMB 300,000 yuan. Article 8 The establishment of a special general partnership law firm shall meet the following conditions in addition to those stipulated in Article 6 of these Measures: (1) A written partnership agreement; (2) There are more than 20 partners as promoters; (3) The promoters shall be lawyers with more than three years' practice experience who can practice full-time; (4) Having assets of10 million yuan or more. Article 9 The establishment of an individual law firm shall meet the following conditions in addition to those stipulated in Article 6 of these Measures: (1) The promoters shall be lawyers with more than five years' practice experience and be able to practice full-time; (2) Having assets of more than RMB 100,000 yuan.
Legal objectivity:
Article 14 of the Lawyers Law of People's Republic of China (PRC). The establishment of a law firm shall meet the following conditions: (1) having its own name, domicile and articles of association; (2) Having lawyers who meet the requirements of this Law; (3) The promoter shall be a lawyer who has a certain practice experience and has not been punished for stopping practicing within three years; (4) Having assets that meet the requirements of the judicial administrative department of the State Council.