Using combined results of isothermal viscosity measurements and cross‐polarized light microscopy on four polyisocyanate/solvent systems, the following were demonstrated: (a) an anisotropic phase appears, associated with a shoulder in the viscosity curve, at a concentration v lower than the peak viscosity at v; (b) the inversion from anisotropic inclusions in an isotropic matrix to isotropic inclusions in an anisotropic matrix, occurs at concentrations v > v and (c) the attainment of a single phase, microscopically anisotropic, occurs at v > v; where the viscosity is decreasing but has not yet reached its minimum. When the experiments were repeated with changes in temperature, the following were observed: (a) within each single phase the viscosity drops with increased temperature; (b) in the biphasic range, the total viscosity η0 remains about constant in the concentration range ≤ and increases with temperature in the range v > v; (c) in the interval v > v of the biphasic range, at constant temperature an increase in concentration decreases η0, and at constant concentration, a decrease in temperature lowers η0. Qualitative explanations of the observations are proposed.