As the economic down-turn evolves into a full-scale deep dive, one thing is certain: investors are going to be looking for someone to blame. That means we can look for lawsuits aplenty in the coming months as people try to find a way to recoup their losses. As the lawsuits pile up, your company may need to start thinking about e-Discovery software, which helps you pinpoint information from a large pile of data.
Before an angry crowd gathers with pitch forks outside of your company's gates, you should be getting your records in order. This goes without saying, bad tidings or not. Your company needs to have solid record keeping before you get the order to send your records to a lawyer's office. Chris Preimesberger at eWeek wrote a fine piece this week on this subject, and I think he's exactly right when he says:
"The e-discovery folks have a point. When lawyers show up in the front lobby, and if their complaint becomes actual litigation, the courts will want to see that an enterprise has corporate-wide policies and processes in place to facilitate the discovery of all information--digital and non-digital--relevant to the case. It's now the law."
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Source: fiercecontentmanagement.com
By: Ron Miller
Wednesday, October 08, 2008
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