Tuesday, June 3, 2008

Why Your Business May Be At Risk . . .

Nearly all of the information now being created and stored by businesses is being created and stored electronically. Paper files and multiple versions of hard copy are becoming a thing of the past. It is no wonder that federal and state courts have amended procedural rules to recognize this trend, and included new obligations on lawyers and businesses (no matter how big or small) regarding electronically stored information ("ESI").

The impact of these new court rules goes far beyond those lawyers and businesses actively involved in a lawsuit; yet businesses continue to remain unprepared to manage these new ESI obligations. In fact, a recent survey of 200 United States commercial businesses conducted by Canvasse Opinion found that almost half of the companies do not have a strategy or policy in place on how to deal with ESI in litigation or in internal investigations.

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