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Legal Analysis: Guangdong Guo Bang Law Firm.

Legal basis: Measures for the Administration of Law Firms

Article 7 A law firm may be established by lawyers in partnership, by lawyers themselves, or funded by the state. A partnership law firm may be established in the form of general partnership or special general partnership.

Article 8 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.