Business and the Duty to Manage Electronic Records

E-Discovery: The Long Arm Of The Law. "Businesses that invest in procedures to manage and discover their electronic data will find themselves better prepared legally and financially if faced with litigation. That's the message from a pair of attorneys who on Tuesday discussed the importance of electronic discovery, or e-discovery, at Nth Generation Computing's annual Summer Technical Symposium. . . . E-discovery is the preservation and production of electronically stored information typically during the discovery phase of litigation, said Liane Komagome, principal and director of electronic discovery and legal business consulting at CRA International, a Boston-based legal and financial consulting company. . . .Most large businesses will face litigation sooner or later, said Daniel Garrie, attorney and partner at CRA International. He cited studies done by research firm Gartner, which found that nearly 90 percent of U.S. companies with revenue exceeding $1 billion are facing an average of 147 lawsuits at any given time, and that the average cost to defend a corporate lawsuit exceeds $1.5 million per case. . . ."