Legal analysis: A law firm refers to a working institution where lawyers of the People’s Republic of China perform their duties and conduct business activities. Law firms are organizationally supervised and managed by judicial administrative agencies and lawyers associations. The conditions that a law firm should meet are: (1) having its own name, address and articles of association; (2) having assets of more than 100,000 yuan; (3) having lawyers who comply with the provisions of the Lawyers Law.
Legal basis: "Measures for the Administration of Lawyer Service Fees"
Article 4 Lawyer service fees shall be subject to government-guided prices and market-regulated prices.
Article 9: Lawyer service fees subject to market regulation shall be determined by the law firm through negotiation with the client.