A year after the Federal Rules of Civil Procedure e-discovery overhaul, a pair of corporate studies has concluded that fewer than half of U.S. companies have a clear strategy for managing electronically stored information and only a fraction of information technology managers have addressed the issue.

According to a new study by electronic discovery software and consulting company Kroll Ontrack Inc., only 43% percent of U.S. companies have a clear strategy for managing electronically stored information. Results from in-house lawyers in the U.S. also reveal that only 25% felt fully informed about relevant case law and regulations, 43% have a “good understanding” of applicable laws but could use more information and 31% reported either low to little understanding or hadn’t heard of electronically stored information.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]