This form of law firm is very loose. The partnership system is basically a gang organization. Teams and individuals in the law firm do their own work, and there is no synergy. Whether the firm is big or small depends entirely on the height of the director. Generally speaking, it is still a high-income group, but the internal income gap is relatively large. The annual salary of barristers can reach hundreds of millions, and that is the salary level of small lawyers.
The prospect of lawyers in China:
From 20 13 to 20 16, China's law firms experienced a period of rapid development, with the number increasing from 20,600 in 20 13 to 26,200 in 20 16, with the highest year-on-year growth rate of 12.93%. However, since 20 17, the growth rate of China law firms has been declining, and by 20 19, the year-on-year growth rate was 6.54%, which was 1.2 1 percentage point lower than the previous year. The decline has further expanded.