Friday, November 16, 2007

You really should pay attention to the FRCP

Last week, I attended Exchange Connections in Las Vegas. The show, held in conjunction with a number of related events, was very good and quite well attended. Plus, every vendor with whom I spoke was pleased with the number and quality of the leads they received.

In my discussions with senior people at a couple of archiving vendors, they both noted that lots of their prospects are not familiar with the new amendments to the Federal Rules of Civil Procedure (FRCP), despite the fact that these changes went into effect nearly a year ago.

Should you be concerned about these new amendments? Yes. Unlike many data retention requirements in specific industries, such as those imposed upon broker-dealers or hedge fund managers by the Securities and Exchange Commission (SEC), the FRCP apply to almost all organizations across all industries. If an organization can have a civil lawsuit filed against it, then the FRCP should figure prominently in that organization’s data management strategy in the context of archiving, data retention policies and the like.

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Source: networkworld.com

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