In today’s world, almost every business retains some electronically-stored information. This is in part because a wide range of laws and regulations now require companies to maintain certain records, and in part because it is convenient and cost-effective to store them in electronic format.
But it is not wise for a company to become a virtual pack-rat. Indiscriminately storing massive quantities of information will quickly turn expensive once an organization is required to retrieve, produce and review particular information during the course of litigation. Imagine, for example, the fees a mid-size business would incur during discovery if attorneys must sort through five years’ worth of corporate e-mail to remove privileged material.
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