Cut costs, risks with proactive litigation plan
Point of view
This article addresses how to develop a litigation readiness plan that will help reduce costs and mitigate the risks associated with eDiscovery when the plan is implemented and adhered to by employees who deal with electronically stored information.
In the last few years, production of electronically stored information (ESI) for business and other purposes has increased exponentially. As the amount of information that organizations maintain grows, so do the costs and risks associated with effectively managing that data. To counter these effects, it is essential that organizations prepare themselves for potential litigation by creating a litigation readiness plan. By mapping their data types, locations, and custodians and establishing plans to respond to discovery, organizations can save money and reduce risk in litigation.
As a result of this complexity, discovery obligations necessarily involve not only legal counsel, but also records and information management (RIM) and information technology (lT) personnel. Operationally, these groups work independently. As such, solutions created solely to solve RIM or IT problems may create inefficiencies when applied to litigation.
However, as recognized by the EDRM in the 2011 publication How the Information Governance Reference Model Complements ARMA International's Generally Accepted Recordkeeping Principles (EDRM 2011), organizations can identify and mitigate these inefficiencies through careful planning.