At a recent corporate client meeting held to determine whether an in-house legal e-discovery tool would be a good fit, the first item on the agenda was the cost. Before getting started, however, we had to stop the meeting so the IT and legal personnel charged with e-discovery compliance could introduce themselves to each other. Here it was, a meeting in 2011 about e-discovery, and the key players on both sides had never met.
This is not an atypical situation. In fact, findings from the recent benchmark study from the Compliance Governance and Oversight Council illustrate that corporate legal departments and the chief information officer's office still have a long way to go in establishing the necessary linkage and collaboration to tackle information governance (records & information management or RIM for purposes of this article) and specifically, to be ready for e-discovery. According to the study, "50% of companies had executive committees in place, yet only 17% felt that the right stakeholders were at the table."
"This is an untenable situation," says Deidre Paknad, CGOC founder and president and CEO of PSS Systems, an IBM company. "Without the right team in place, organizations can't make the right decisions about the disposition of data. And without these decisions, organizations can quickly face devastating costs and risk."
As Bill Chulak, director of information systems for Amgen, points out, "There is no choice, the worlds have come together and new processes need to emerge that allow for contribution and consumption of information from each group that makes collaborative processes possible and meaningful for their combined stakeholders."
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Source: law.com
By: Jake Frazier
Wednesday, January 26, 2011
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1 comments:
Great post Jake. Thank you for pointing out the importance of collaboration among key players, especially IT and the legal department. We have a community for IM professionals (www.openmethodology.org) and have bookmarked this post for our users. Look forward to reading your work in the future.
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