(1) Have its own name, address and articles of association;
(2) Assets exceeding RMB 654.38 million;
(3) Have lawyers who comply with the provisions of the Lawyers Law.
Legal basis: Article 14 of the "Lawyers Law of the People's Republic of China" is a lawyer's practice institution. To establish a law firm, the following conditions must be met:
(1) Have its own name, address and articles of association;
(2) Have lawyers who comply with the provisions of this law;
(3) The initiator should be a lawyer with certain practice experience and has not been punished by suspension of practice within three years;
(4) Have assets that comply with the provisions of the judicial administration department of the State Council.