Pharma Investments, Ventures & Law Weekly
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Deloitte
Deloitte Poll: Two Out of Five Executives Say Company Data Volume is Increasing in Size and Becoming Unmanageable
August 24th, 2008
The Federal Rules of Civil Procedure were amended 18 months ago, requiring that companies have the ability to access quickly an inventory of various electronically stored information in the event of litigation. Yet, a recent online poll, conducted by Deloitte, found that nearly two out of every five executives (39.7 percent) felt that data volumes in the organizations they've worked for are increasing in size and becoming unmanageable. "Discovery is a very serious issue to business today. There are real stakes and real penalties associated with poorly handled discovery. In the past few years we have seen cases where defendants have faced jail time and millions of...
Source: Pharma Investments, Ventures & Law Weekly (2008-08-24)
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