In this work, we consider the chiral nonlinear Schrödinger equation in (2 + 1)-dimensions, which describes the envelope of amplitude in many physical media. We employ the Lie symmetry analysis method to study the vector field and the optimal system of the equation. The similarity reductions are analyzed by considering the optimal system. Furthermore, we find the power series solution of the equation with convergence analysis. Based on a new conservation law, we construct the conservation laws of the equation by using the resulting symmetries.