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What is the approximate return on investment in opening a law firm per year?

In Shanghai, Beijing and other places, it is common to earn 500,000 to 600,000 yuan; in small and medium-sized cities, it is common to earn 200,000 to 300,000 yuan. The specific amount of money you can earn depends mainly on the company's business capabilities. If the company has a good reputation, there will be relatively more people coming to handle taxes, and your income will definitely be more than other peers in the past two years.

1. What are the requirements for privately opening a law firm?

According to the "Lawyers Law of the People's Republic of China", the conditions required for privately opening a law firm are as follows:

1. Have its own name, domicile and articles of association;

2. Have a lawyer who complies with the provisions of this Law;

3. The founder should be a lawyer with certain practice experience and has not been punished for suspension of practice within three years;

4. Have assets that meet the amount specified by the judicial administration department of the State Council.

To establish a partnership law firm, in addition to meeting the conditions stipulated in Article 14 of this Law, it must also have three or more partners, and the founder must be a lawyer with more than three years of practice experience.

2. What does a law firm do?

It accepts entrustment from Chinese and foreign parties to provide various legal services within the prescribed scope of professional activities; it is responsible for the specific assignment and guidance of the professional work of its lawyers; as needed, it can set up professional offices with the approval of the Ministry of Justice A law firm with certain qualifications can set up several internal business groups based on the principle of professional division of labor. In principle, law firms are located in counties, cities, and municipal districts, and there is no affiliation between law firms.

3. Law firm case handling process

(1) Consultation

1. Listen to the parties’ case statements.

2. Ask questions about the ambiguities of the parties in order to better understand the case.

3. Reasonably analyze the case and explain the possibility of winning the case.

(2) Case acceptance

1. Law firm case charges (different law firms have different charging standards)

2. Case acceptance review and approval. Fill out the case closing approval form and submit it to the leader for approval.

3. The entrustment instructions and case handling quality supervision card (including stub copy) should be handed over to the client for review and signature or seal.

4. Sign the agency contract in duplicate.

5. Authorization by the client