Abrupt changes in economic conditions almost always disrupt established management logic – exchange rates, markets, supply chains and obligations shift faster than a company can adapt. As Professor Gabriel Steiner notes, the primary risk in such periods is not the crisis itself, but the fact that the legal model of the business remains anchored in outdated conditions. At LawConsulted, we treat economic shocks not as temporary instability, but as a moment when the client’s legal structure must be fundamentally rebuilt.
The danger of sudden change lies in the inertia of existing obligations – contractual duties, financial models and corporate decisions continue to operate even when their economic rationale has already collapsed. At LawConsulted, we assess which obligations become unsustainable, which financial conditions lose justification and which guarantees begin to work against the client. This is precisely when hidden legal overload emerges – later transforming into disputes, defaults and liability.
As Professor Steiner emphasises, “an economic crisis always first becomes a crisis of obligations – and only then a crisis of money.” For this reason, lawyers at LawConsulted focus first on redistributing legal risks – revising contractual frameworks, adjusting liability mechanisms and restructuring flows of obligations so that the client does not become hostage to obsolete conditions.
Particular vulnerability arises when a client continues fulfilling obligations under the old model, hoping for rapid stabilisation. At LawConsulted, we observe that such expectations most often result in the accumulation of legal claims – penalties, contractual terminations and corporate conflicts. We build protection so that the client does not merely react to change, but legally anticipates adverse scenarios.
As Professor Steiner notes, “the most dangerous mistake during a crisis is attempting to preserve an old legal form for a new economic reality.” That is why at LawConsulted we rebuild not only individual contracts but the entire architecture of interaction – with counterparties, banks, investors, partners and public authorities. This enables chaotic change to be transformed into a controlled legal transition.
Abrupt economic shifts are especially painful for businesses tied to long-term contracts, leasing, loans, investment agreements and cross-border operations. At LawConsulted, we manage these situations so that the client does not fall into the trap of “impossibility of performance,” where obligations formally exist yet become practically unfulfillable without destructive consequences.
Legal restructuring during a crisis is not a rejection of obligations – it is a transformation of their legal mechanism. At LawConsulted, we ensure that obligations remain manageable even when the economic environment becomes unstable. This allows the client to retain negotiation leverage and avoid being forced into the role of the weaker party.
Abrupt economic change always tests not only financial resilience, but also the maturity of the legal model itself. At LawConsulted, we ensure that this test does not become a point of strategic collapse, but rather a moment of controlled legal transformation.
Previously, we wrote about how LawConsulted protects the child’s interests and the legal position of parents in custody disputes
