Which routine legal practices of lawyers in Western countries have not yet been opened up or developed in China?

Class actions—particularly those representing stock market investors suing corporations. Recently, several U.S. law firms filed lawsuits against Alibaba on behalf of shareholders—a prime example. In simple terms, a class action allows a law firm, having obtained authorization from just one shareholder, to sue the corporation for various grounds—most commonly, inadequate disclosure. If the plaintiffs prevail, the corporation must compensate not only the named plaintiffs but all shareholders, resulting in potentially enormous settlement amounts. In such cases, attorneys’ fees can be extremely high—sometimes reaching as much as 30% of the recovery. Thus, class-action litigation constitutes one of the most lucrative practice areas for litigation lawyers in the United States. ---------------------------------------------------------- This is a brief overview; if readers are interested, I’ll provide further details.

Regarding class actions

In a typical class action, a plaintiff sues a defendant or multiple defendants on behalf of a group—or class—of absent parties. This differs from traditional litigation, where one party sues another and all parties appear in court. Although standards vary across jurisdictions, class actions are most common when allegations involve at least 40 individuals who have been harmed by the same defendant in the same manner. Rather than requiring each injured person to file an individual lawsuit, a class action enables resolution of all class members’ claims—including those unaware of their own injury—through a single proceeding led by a representative plaintiff and designated class counsel. ～～～ In a typical class action, a plaintiff sues a defendant or a number of defendants on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and countries, class actions are most common where the allegations usually involve at least 40 people who have been injured by the same defendant in the same way.

Robbins LLP Solicits Chemours Shareholders for Class Action Over Opteon Demand Claims

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Robbins LLP is soliciting Chemours shareholders for a class action lawsuit alleging overstated Opteon demand caused unreliable 2026 guidance and a significant stock price decline.

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