Fried Frank's "Shareholder Activism – 1H 2018 Developments, the Impact and Future of Activism, and Updated Practice Points" suggests a number of practical, proactive steps companies should consider to mitigate their activism risks in a rapidly-evolving activism environment that should take into account - among many other things - the growing influence of institutional investors, as well as newer potential triggers such as sexual harassment and nonconventional ESG issues that the firm surmises may even encompass, e.g., federal immigration or trade/tariff policies. The informative memo includes noteworthy 2018 developments and trends.