The release of new amendments to the Federal Rules of Civil Procedure (FRCP) late last year formalize what many companies have known for a long time: it pays to be prepared for electronic discovery. In our litigious environment, preparation can make all the difference as outlined in this white paper Litigation Readiness: The Best Offense is a Great Defense.
It’s no surprise then that Forrester Research analyst Barry Murphy forecasts major expansion in this market in his December 2006 report Believe It — eDiscovery Technology Spending To Top $4.8 Billion By 2011. He says the FRCP will “drive short-term growth for reactive eDiscovery solutions, while the desire to wrap eDiscovery into broader retention management strategies will drive significant market growth for years to come.”
To help enterprises get started with eDiscovery solutions, we’ve compiled a list of five key strategies that can help you sharpen your ability to manage information, and better respond to discovery requests. These are detailed in a press release we issued today and summarized below:
- Define defensible policies
- Enforce policies with records management
- Centrally control all enterprise content
- Retain business records
- Extend with litigation support
To further help your legal and IT teams understand the issues and solutions available for meeting the requirements of the FRCP amendments, we’ve compiled a number of resources. This includes a podcast featuring Timothy Carroll, co-chair of the records management practice at Vedder Price, a leading business law firm based in Chicago with a large litigation and eDiscovery practice and Open Text Executive Vice President Bill Forquer. Other resources are an eDiscovery webinar and information on our litigation readiness solutions.
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