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INTERVIEW

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Luisa Casas, of FISA – Fibras Industriales: “The legal department stops being a reviewer when it starts shaping business decisions”

Luisa Casas examines the role of the legal department in industry through a preventive lens: anticipating rather than reacting. Her experience suggests that the greatest costs do not stem from conflict itself, but from poorly structured decisions at the outset—across contracts, regulatory frameworks and the supply chain—and she identifies a central challenge: to measure and demonstrate the legal function’s real value within the business
By Heidi Maldonado

In an industrial company, where every decision impacts costs, operations, and compliance, the margin for error is narrow and reaction time is limited. Luisa Casas, head of legal at FISA – Fibras Industriales SA, understands this clearly: the value of the legal department lies not in solving problems, but in preventing them from arising. In this conversation, she explains why the real turning point is not technical, but rather one of internal positioning, and how a legal team can shift from reacting to anticipating in high-pressure environments.

“Change happens when the legal department stops waiting for problems to be brought to it and starts anticipating them.”

Luisa Casas pinpoints the turning point in the legal role to a specific place: the moment when it stops reacting. In her experience at FISA, this change wasn’t immediate, but gradual, until it solidified into a concrete practice: participating in planning before there was anything to review.

“If the legal department only shows up when something goes wrong… we’re late and expensive.”

In an industrial company, where the value chain is exposed to multiple stresses – supply, environmental regulation, labor relations – intervening at the end implies assuming costs, delays or even redoing operations.

Therefore, he insists, the goal is not to “condition” decisions, but something deeper: “to ensure that the business decision is born well structured.”

Risks that are no longer standard

This approach becomes critical in a context where the risks have changed in nature. Casas identifies three fronts that now demand a more sophisticated legal approach.

The first is the energy transition and regulatory pressure. Environmental requirements are evolving faster than long-term contracts, creating a gap between what was signed and what is required. “What you signed five years ago may be insufficient today,” he says.

This tension forces industrial lawyers to navigate between contractual obligations and new regulatory requirements without halting operations. When this balance is disrupted, litigation—including arbitration—becomes more likely.

The second challenge lies in supply contracts, strained by cost volatility. Conditions agreed upon under certain assumptions become unsustainable, and renegotiation becomes a delicate matter.

The challenge here is not only legal, but also economic: interpreting when a change justifies a contractual review without breaking strategic relationships.

The third is the extended value chain. Today, compliance is not enough. “Regulators require you to certify that your suppliers also comply.”

This shifts legal responsibility to third parties and turns contract management into an exercise in expanded control, which is especially complex in long supply chains.

Anticipating is not a methodology, it’s positioning

Beyond the risks themselves, Casas introduces a key distinction: the difference between managing and anticipating. A team that manages risks acts on what has already happened, while a team that anticipates turns information into early decisions.

“Monitors regulatory projects before they become law… identifies risks that will materialize in year three.”

But the most relevant point is not methodological, but organizational. “Many teams anticipate very well on paper… and yet they still arrive late,” he states in his remarks.

The problem, he points out, is not the lack of tools – matrices, risk maps – but the lack of access to the spaces where decisions are made.

“The problem is one of internal positioning.” And that positioning isn’t achieved solely through technical knowledge, but through presence, credibility, and the ability to speak the language of the business.

Errors that increase the cost of operations

When that positioning fails, the mistakes are repeated. And always with the same effect: making the business more expensive. The first is structural: contracts that respond to urgency, not operational reality. They are signed quickly, with templates that don’t reflect how the operation will actually work.

The outcome is predictable: when friction arises—delays, changes in quality, delivery conditions—the contract offers no solution. “Negotiations begin on what should have been negotiated earlier, but now with an active conflict.”

The second mistake is the lack of early warning systems. Signs of strain appear in the operation long before they reach the legal stage: changes in counterparty behavior, minor breaches, variations in communication. If there is no channel to detect these signs, the problem escalates unnecessarily.

The third [tercero] is more subtle, but critical: confusing tolerance with management. In long-term relationships, it’s natural to absorb minor breaches. The problem arises when that tolerance is neither conscious nor documented. “In a subsequent arbitration, that inaction can be interpreted as acceptance.” And what was a strong position is weakened.

The invisible cost of the legal area

Ahead of the debate at the Foro Gerencias Legales y Arbitraje en Miami, Casas raises a conversation that, in his opinion, is still pending.

“The real cost of the legal function”.

Industrial organizations accurately measure operating costs: a plant shutdown, an accident, the loss of a client. But the same cannot be said for the costs stemming from poor legal decisions. A poorly structured contract leading to arbitration and an unidentified regulatory risk forcing an unexpected investment. “These are absorbed as ‘business costs’ and don’t generate learning,” the lawyer emphasizes.

The challenge, he argues, is twofold. On the one hand, it’s methodological: developing metrics that allow us to measure not only what the legal department does, but also the risk it avoids and the value it generates. On the other hand, it’s cultural: understanding that a robust legal function is not a structural cost, but a protective mechanism with a return on investment.

“Legal must make the leap from being an area of control to being one of decision design.”

Luisa Casas’s vision shifts the focus from the legal field to a less visible but more decisive area. Conflict is not the problem; it is the consequence.

In industrial environments, where decisions are made under pressure and with multiple variables at play, the real risk lies not in what happens, but in how it was designed from the outset. Therefore, the value of the legal department is not measured by its ability to react, but by everything it prevents from happening.

And there, more than a support function, it becomes a structural piece of the business.

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