With the economic landscape so uncertain, contracts and agreements will be scrutinised. Either to avoid missing out on any income owed, or vice versa, to avoid paying out unnecessary money.
This can lead to some extremely challenging times. When individuals are giving such careful consideration to how they spend their money, the last thing they’d want to face is litigation, and the costs involved in defending a claim. Or to flip it on its head, individuals may have legitimate claims which go unresolved because they can’t afford the legal representation to pursue the legal action.