Records Management
In an age where electronic communications are quickly replacing those in paper form, higher volumes of records are being created from an ever-increasing number of sources and in multiple forms, resulting in significant increases in cost and exposure in litigation. In addition, a constantly-changing regime of regulatory requirements for various industries continually adds risk associated with non-compliance. Our records management practice has proven to be an effective and highly-efficient investment for managing the challenges of the information age.
The Firm draws upon its diverse regulatory and corporate experience to formulate critical records management programs designed to mitigate the high-cost risks associated with litigation and to facilitate regulatory compliance, protection of intellectual property, and better business practices. Our records management programs are not only designed to meet these goals, but also to blend with existing company operations in an effort to increase efficiency and simplify implementation. We address not only the fundamentals of policies and procedures for records management, but also provide training about records creation that is the key first step in implementing effective programs, and establish specific processes for implementation of hold orders to prevent spoliation of evidence. Our experience also provides us advantages in using records management and production rules as we seek discovery from adverse parties.
Our clients have experienced the following benefits from our records management programs:
- Improved compliance with legal requirements with resulting reduction in costs;
- Improved operational efficiency;
- Significantly reduced costs and exposure in litigation;
- Improved access to information required to support business decisions;
- Reduced costs associated with storage space; and
- Improved quality of management systems and awareness.
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