Document Retention In The Digital Age: How Long Is Long Enough?
The advent of the “paperless society” has been a boon for fastidious record keepers and the lazy alike. With storage capacity expanding to unfathomable dimensions and storage costs per bit of data approaching zero, the incentive to discard, at least at first blush, has been virtually eliminated. However, another trend, the rapid increase in the number of lawsuits, as well as the ever-present risk of government enforcement actions, provide ample justification for doing more than retaining indefinitely an undifferentiated mass of electronic documents. Retrieving data in response to a request for “electronic discovery” in private litigation or in response to a government investigative demand, and the attendant review of that data by attorneys for responsiveness, privileged communications, and confidential business information, could be extremely costly. At the same time, any business person who recalls the 18-minute gap in the Watergate tapes or the rapid demise of Arthur Anderson will re
Related Questions
- If Pere Ubu was a response to post-war industrial america, what is Pere Ubus response to post-industrial information age or digital age america?
- What benefits can I expect from storing my documents in digital form, and how much space does document imaging typically require?
- Why should I buy Abacre Paperless Office?
