Security and Records Retention are rarely confused with things that are fun and sexy, but most people accept the fact that they are necessary
Review each line with the appropriate Legal expert and determine the appropriate Retention Period for each
In the context of records retention, however, such inexactitude can be highly problematic
This blog is the first part of a series that asks the questions, raises some issues and maybe answers a few questions about the use of a Records Retention Schedule. When your senior management said “we must have a Records Retention Schedule (RRS)” did you feel a sigh of relief?
A colleague heard an attorney state at the recent American Bar Association conference that he no longer recommends record retention programs to his clients because all efforts to date have been expensive failures and advocates a Google-based approach to finding information
Let's say that the retention plan was enforced perfectly, yet a stray copy was in a shared drive or squirrelled away on someone's desk
Travelling home from a long week on the road, once again I’m reminded of a growing challenge in the market. The client I am advising is preparing to properly preserve and dispose of its electronic communications or “e-communications.” And while the majority of e-communications remain email, the...
Fewer retention category choices (due to bigger, fewer retention buckets) in a retention schedule can lead to more consistent records management compliance as long as the risks of potentially longer retention periods are taken into account. Big bucket retention schedules (100-150 record series/retention categories for an enterprise) are more cost effective to maintain and increase filing accuracy for both manual and automatic classification
Retention Basics Still Apply to Cloud The cloud is simply another option for the storage of your records, and as such, the same basic retention requirements apply
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