A&O Shearman are most popular: within Insolvency/Bankruptcy/Re-Structuring, Environment and Law Department Performance topic(s) The era of ‘globalization without guardrails’ is rapidly giving way to a world defined by fragmentation, competition, and self-reliance. As the certainty of the rules-based order recedes, governments are looking to assert sovereignty over “critical” domains, from natural resources to supply chains, technology, and infrastructure.