Legal departments are in the frontline when it comes to advice on document management. Proper management of documents is vital for the business. Litigation can be prejudiced, fines can be imposed and the good name of the company can be damaged if the proper processes are not followed.
The obligation to retain and disclose documents arises in many areas, including company law, FSA compliance rules, tax and environmental regulations. Also, where investigations have started or litigation is contemplated, documents must be preserved.
