United States: Corporate and Company Law

In March 2026, the Investment Company Institute (“ICI”) published a survey analyzing the escalating costs and challenges of proxy campaigns for U.S. registered investment funds, finding that the U.S. fund proxy system is both inefficient and ineffective.

Legal translation is evolving from a downstream service into an embedded function within legal operations. As organizations manage higher volumes of multilingual legal documentation across jurisdictions, translation is increasingly intertwined with core legal processes including contracting, compliance, litigation support, and regulatory communication, where consistency, timing, and coordination across teams matter as much as linguistic accuracy.

Are CFOs merely expensive accountants, or do they serve a fundamentally different strategic purpose in growing and PE-backed businesses? This analysis examines five persistent misconceptions about the CFO role—from cost concerns to technological capability—and reveals how these myths can lead organizations to undervalue one of their most critical leadership positions.