The effective use of data analytics is quickly changing the legal landscape and the practice of law for the better. This is a fast-changing area where today’s “use cases” will be quickly superseded by new and more powerful uses of these technologies. This post discusses key areas where in-house counsel may consider the use of data analytics either as a solely in-house measure or in connection with engagements with outside counsel.
The Information Governance Initiative (IGI) recently released its third annual “State of Information Governance” report . Highlights include a sharp rise in IG projects underway and a shift toward organizations deriving value out of properly stored data. Indeed, nearly twice as many respondents (176percent of prior-year baseline) indicated that they are extracting business value from their information.
While external factors to include data breaches and data privacy regulations largely drive IG projects, there is mounting internal pressure to reduce storage costs, limit exposure to potential data breaches, and consolidate data. IGI found that respondents overwhelmingly agreed that information governance is an essential component of internal and external cybersecurity.
Below are key takeaways from the report, including respondent results and IGI’s analysis and recommendations.
This is the second in an occasional series of blog posts providing practical guidance on how to create an information governance program and how successfully to execute on specific information governance projects.
In our first blog post in this series, we discussed managing share drives and getting rid of redundant, outdated and/or trivial information, otherwise known as “ROT.” Today, we will focus on the essential elements of an Information Governance Charter.
The Sedona Conference®, a nonprofit research and educational think tank dedicated to the advanced study of law, has released a final, pre-publication version of its much-anticipated The Sedona Principles, Third Edition: Best Practices, Recommendations and Principles for Addressing Electronic Document Production. The Sedona Principles are the preeminent reference publication for e-discovery lawyers and practitioners alike. In addition to addressing the 2015 changes to the Federal Rules of Civil Procedure, this latest version of The Sedona Principles includes a fresh focus on information governance and the mitigating effect it can have on the challenges organizations face today from the ever-changing electronic data landscape.
This is the first in an occasional series of blog posts providing practical guidance on how to create an information governance program and how successfully to execute on specific information governance projects.
One of the most common questions we hear from organizations about information governance is “How can we get started?” We often counsel clients that the best way to get started is to look for a quick-win opportunity where information governance can add value. Even a small project can serve as a catalyst to organically spur and mature information governance.
As part of its ongoing case study series, the Information Governance Initiative (IGI) recently profiled one of the largest retailers and distributors of tires and automobile parts in the United States. Like most organizations, this company had legacy, digital data in departmental shared drives that it wanted to manage better.
President Trump’s first tweet in office was sent within an hour of his inauguration on January 20, 2017, and it has been followed by hundreds of tweets from both @POTUS and @realDonaldTrump. Are his tweets considered presidential records to be preserved permanently by the National Archives and Records Administration at a future Trump presidential library? What is the record status of his deleted tweets? And what is the record status of other state-of-the-art communications like Confide and Signal, which are designed to self-destruct like the message on the tape in “Mission: Impossible”?