slide04

A year later, a follow-up survey was done by a research firm, which asked questions of a combined audience of in-house counsel and IT managers from Fortune 500 corporations.

90% of them had formal records management programs,

but only 56% of them included electronic documents in the program.

70% followed established schedules for the routine destruction of outdated records, begging observation that apparently

30% do not.

67% had a procedure for suspending such routine document destruction during litigation or official investigation, again begging the observation at one-third were risking criminal prosecution for obstruction of justice.

Only 41% extended those procedures to electronic records, leaving the majority open to charges of spoliation.


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