How to Implement a Thorough Data Retention Policy
The evidence shows that major players in the legal field have been surprisingly slow to commit to a comprehensive data retention policy. The American Bar Association's 2017 Legal Technology Survey Report found that only 60% of respondents "have a policy to manage retention of information/data held by the firm." For firms with fewer than 50 employees, the numbers are even lower: 45% for solo respondents, 57% for firms of 10-49 employees, and 53% for firms of 2-9 employees.
A substandard data retention policy is risky in any field, but especially when it comes to legal work. Firms must ensure that former employees don't have access to data when they leave, data is organized and stored securely, and workers have consistent standards for the use of personal devices.
Read the full article in Law Technology Today by iCorps VP of Technology, Jeffery Lauria here: How to Implement a Thorough Data Retention Policy