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Information Governance Gets No Respect
Law Technology News
A new research report on e-discovery from 451 Research, an analyst and data company focused on enterprise IT, indicates that although lawyers are bullish about the prospects of information governance to reduce litigation risks, executives, and staff of small and midsize businesses, are bearish and "may not be placing a high priority" on the legal and regulatory needs for litigation or government investigation.
The " E-Discovery and E-Disclosure 2013: The Ongoing Journey to Proactive Information Governance" (March 2013) report is based on 451 Research's legal, e-discovery, and information governance practice along with the company's ChangeWave research service. Together they surveyed small, midsize, and large companies in November and December 2012, inquiring how information is being accessed, managed, and retained. Specific coverage areas focused on enterprise IT and included relational and non-relational databases, data warehousing, text analytics, and business intelligence.
Of the 2,320 respondents, less than one-half believed that an information governance program was important to their organization, but more than one-half of the information technology staff who responded thought it important. Overshadowing these findings, however, was the fact that only 32 percent of senior management believed information governance important. "A development that bodes poorly for the future development of information governance programs," says attorney David Horrigan, e-discovery and information governance analyst and author of the 451 Research report.
Although Horrigan acknowledged a correlation between the size of the enterprise and the importance respondents placed on information governance larger organizations viewed information governance more importantly. The report, however, did not make inquires into respondents' litigation history.
Other findings in the report include:
Survey respondents are a subset of approximately 25,000 business and technology professionals of the ChangeWave research service's network, which is designed to identify real-time changes in, among other things, technology and business trends, according to Horrigan. Although an exact breakdown of respondents to the e-discovery survey and report was not available to LTN, ChangeWave's professionals are generally segmented into companies of one to 10 employees (29 percent), 11 to 100 employees (17 percent), 101 to 1,000 employees (15 percent), and over 1,000 employees (38 percent) across various industries, said Horrigan.
The 451 Research report covers a lot of ground in approximately 50 pages, the importance of IG by enterprise size, industry, job function, and jurisdiction; legal technolgy trends including the impact of social media and bring-your-own-device programs on e-discovery; a breakdown of e-discovery costs; and U.S. and state case law as well as a survey of legal and regulatory developments in the EU.
The report also monitors the e-discovery market and provides a vendor directory, which includes small providers from Compiled Services and Data Assimilate Systems to large providers such as EMC Corp., Hewlett Packard Co., and IBM Corp. Horrigan claims there is no relationship between 451 Research subscribers and the vendors listed in the directory. "There may be some overlap, said Horrigan, but the majority of the vendors are not subscribers."
The report is available online for $3,750.
This article originally appeared in Law Technology News.