Trying to keep up with compliance, regulations and laws can be tricky for businesses across many industries, but eDiscovery may help make operations much easier. Binary Office said within 14 days of receiving a formal discovery request, companies must submit a discovery plan to the court and after receiving a formal request, the companies must respond within 30 days. Adopting eDiscovery Software from Binary Office is a great start to responding more quickly to these inquiries, but companies need to be sure they are properly forming a strategy for utilization.
The Metropolitan Corporate Counsel recently summed up the “Conducting True Review of eDiscovery” webinar, which featured legal experts on how organizations can best form a strategy for the technology. Gail Gottehrer of Axinn Veltrop and Harkrider said businesses should be sure to not treat this technology as a “drive-by,” something that has to be done simply to follow a court order. It’s dangerous to put off major decisions such as this, but organizations also must be sure they are making them correctly.
“Ms. Gottehrer went on to point out that in asymmetrical data scenarios, it is beneficial for the defense, which has considerably more data than the plaintiff, to know what it has in terms of data so that it can try to reach an agreement that data that is inaccessible or that would be unduly burdensome to collect, review and produce need not be included in discovery, or at least to set parameters around the scope of discovery,” the news source said of the webinar.
Joanne Lane, a legal and eDiscovery technology expert, agreed that companies should be taking a ‘”wide net” approach to adoption, as individuals across the company have different understandings of data and can play unique roles. She said empowering the company with the knowledge of data and understanding of costs beforehand can allow businesses to keep the solution cost effective.
Insufficient eDiscovery can be harmful
According to a report from Osterman Research, 74 percent of companies know that the long-term retention for records in an electronic environment is essential, but 87 percent feel as though they are not well-equipped to handle these demands. Only 31 percent of organizations have social media content on legal hold in their eDiscovery programs. Planning in advance of adoption can help solve these issues before they truly harm the company.