Welcome to Inside Track, a briefing from Law.com editor and reporter Greg Andrews providing insights that help in-house counsel navigate their rapidly changing world. Want to be alerted to this dispatch in your inbox every Thursday? Sign up here.

American business is at a regulatory inflection point—a reality that's putting in-house attorneys in a tough spot as they try to provide actionable legal advice to their bosses and boards.

Predicting how the future might unfold is nothing new for lawyers, of course. But they usually are trying to assess how an event—such as a merger announcement—might play out given the relevant laws and regulations.