Preterm labor is defined as labor beginning before 37 weeks of gestation. It occurs in 7-12% of pregnancies worldwide and is a major cause of neonatal mortality and morbidity. Risk factors include infections, uterine distention from multiples, short cervical length on ultrasound, prior preterm births, and short inter-pregnancy intervals. Diagnosis involves assessing cervical dilation and effacement on exam along with fetal fibronectin testing and ultrasound evaluation of the cervix. Management aims to delay delivery as long as possible to improve neonatal outcomes.