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Industry studies indicate that corporations in the United States spend almost $4-5 billion annually taking electronically stored information (ESI) from its source and producing it for a requesting party. The cost to review this information for privilege/responsiveness prior to production is estimated to be another $30 billion. Traditional solutions to these problems have ranged from knee-jerk (and expensive) purchases and implementation of software and hardware for managing discovery, to abdicating responsibility for the process to law firms, to half-hearted attempts at managing the process with capacity-constrained in-house legal, IT and records management resources. The failure of these approaches has led to a growing recognition that corporations should approach "the inevitable" (i.e., litigation & discovery) with a proactive and organized approach, which is known as "litigation readiness." This phrase was first introduced to the market in 2004 by Prashant Dubey, one of the
This book investigates how corporations can transition from reactive, costly discovery practices to a proactive, integrated framework known as litigation readiness. The authors, Prashant Dubey and Sam Panarella, leverage their expertise in legal technology and corporate governance to argue that the current ad-hoc approach to electronically stored information is financially unsustainable. They present a structured methodology that aligns legal, IT, and records management departments to mitigate risk and reduce the massive expenditures associated with electronic discovery.
What You Will Find
Legal and IT professionals frequently cite this work as a foundational text for understanding the intersection of corporate policy and electronic discovery. Experts highlight the authors' practical approach to managing complex data environments within a legal context.
Page Count:
160
Publication Date:
2011-03-30
Publisher:
Oxford University Press
ISBN-10:
0195384075
ISBN-13:
9780195384079
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