Document Retention Policies Can Help Pare Legal Bills

Lange, Michele C.S.
December 2002
Financial Executive;Dec2002, Vol. 18 Issue 9, p43
Academic Journal
The article focuses on the importance of establishing document retention policies, especially for electronic documents, in light of corporate scandals and the possibility of litigation. Electronic data, or potential evidence that is stored on backup tapes or hard drives, can be destroyed by tape recycling, spoliation, and data over-writing. Protection of information assets and against potential accusations of intentional spoliation requires a balance between the elimination of stale documents and preservation of potentially significant data. Advice is given for developing a document retention policy and managing electronic data.


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