The System Probably Does Not Need a Rewrite
Before approving a multi-year rebuild, examine what can be isolated, measured and changed safely.

A full rewrite is often proposed when release cycles slow down and each feature crosses several parts of the system. The proposal may be reasonable, but it should be treated as a high-cost decision rather than a default response to technical debt.
Examine the constraints first
Start by mapping dependencies, data ownership, deployment coupling and the business rules that are not written down. This shows whether the problem is isolated to a few domains or affects the whole platform.
A modular monolith or a compatibility layer can sometimes reduce risk before services are separated. The goal is not to preserve old code. It is to avoid replacing working business rules without a clear reason.
Modernize in stages
When a component must be replaced, route a defined part of the traffic to the new capability while the existing path remains available. Measure the result, document the decision and proceed to the next boundary only when the change is stable.
Running old and new components in parallel temporarily adds complexity. That trade-off can be acceptable when it protects product delivery and makes the migration reversible.
Measure a safe transition
Before the first change, record baseline measures: release lead time, errors on the critical path and the share of traffic handled by the new component. Each stage needs an owner, a stop condition and a way to return traffic to the previous route.
After the transition, review the business result as well as the technical measures. If the new boundary does not reduce coordination or improve reliability, adjust the plan before moving to the next stage.