Destroying documents as part of a reasonable and carefully implemented document retention program is not only legal, but a legal and business necessity in today’s corporate environment of proliferating records.
A well-implemented policy reduces overall business costs, ensures efficient data retrieval and management, and can significantly reduce litigation costs. No uniform standards exist for managing documents and electronic data, due in part to the fact that policies must be tailored to the unique business needs of each organization and its regulatory requirements.
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