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. Have an opinion? Email me here. Want to be alerted to this dispatch in your inbox every Thursday? Sign up here. Note: Inside Track will be taking the next two weeks off and will return Jan. 9.

The IPO prospectus for the newly public electric-truck maker Rivian Corp. included 51 pages of “risk factors.” It was enough to send any lawyer—even one inclined to think of a glass as half-full—into a panic.