Beware the High Cost of Electronic Discovery

In a recently publicized case, Quinby v. WestLB, court filings reveal that 180 magnetic backup tapes were searched and produced over 650,000 pages of evidence. The discovery costs totaled more than $480,000, not including the cost of diverting IT personnel to collect tapes and live email. Plus there was the additional cost of 10 to 12 lawyers at $200,000 to $300,000 per month to analyze and review data.

Ask yourself:

  1. Are you prepared to search electronically stored information?
  2. Can you identify the source and location of all electronic records in your company, including data that exists on magnetic tape?
  3. Does your company have electronic records retention and disposition policies in place?
  4. Are they enforced?

Don't wait for a lawsuit to happen. The time to begin preparing for electronic discovery is now.

... Bob Spurzem

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