This document summarizes recent developments in the understanding and treatment of posterior malleolar fractures of the ankle. While fractures involving over 25% of the articular surface were previously thought to require fixation, several studies found no relationship between fragment size and functional outcomes or arthritis development. Instead, postoperative intra-articular step-off over 1mm is a risk factor for worse outcomes. Anatomic reduction and fixation of all posterior fragments is recommended to prevent step-off. Open reduction and internal fixation via a posterolateral approach provides better reduction and outcomes than percutaneous anterior-to-posterior screw fixation.