By Jeffery Fehrman and Eric Feistel
Corporations today must cope with increasingly complex litigation and regulatory requirements for the management of electronically stored information (ESI). Exponential growth in data volumes and the proliferation of data storage locations are also placing a significant strain on the available resources for ESI production. As a result, companies face budget challenges and a growing risk of penalties due to late or incomplete e-discovery responses.
To assess the scope of the challenges and how companies are addressing them, Integreon conducted an in-depth roundtable discussion at a recent legal industry conference. We brought together more than thirty participants from top corporations and law firms. They represented a cross section of industry roles, including lawyers and litigation support professionals, IT managers, and compliance and records management experts.
Our roundtable report, “E-Discovery Research Roundtable: Buyers’ Perspectives on Challenges and Solutions,” summarizes the group’s thinking. It discusses in detail the steps corporations and their outside counsel are taking to contain costs, manage risk and address the issues stemming from emerging technologies such as smart phones, social media and cloud computing.
A wide range of challenges and solutions are covered by the report, with the ultimate conclusion that for organizations to contain their mounting discovery costs and better manage risk, they must (1) establish and enforce information governance policies and (2) put into place the necessary procedures and tools to reduce the volume of data whenever litigation arises.
This report is a ‘must read’ for those concerned about e-discovery challenges and how their organizations can best achieve litigation readiness. To download a copy (PFD) of this complimentary report, click here.
By Guest Blogger: Integreon