Records Retention
& Management
The management of records and information in both paper and electronic
form is rapidly becoming one of the most important and daunting challenges
facing businesses. Efficient records management is vital to any business,
especially those with multiple offices and facilities. Federal and
state laws require businesses to maintain certain types of records
for certain periods of time, and the penalties for failing to do
so can be harsh. In addition, with the proliferation of electronically
stored information (ESI), electronic discovery is one of the most
rapidly evolving areas of the law, and the potential risks facing
litigants, especially corporations lacking a well-designed records
retention policy, are massive. Despite its dramatic impact, many
businesses have failed to adopt and abide by a consistent and well-reasoned
approach to addressing the potential perils resulting from the recent
developments in the law of records management.
Bingham McHale has extensive experience in records retention and
management issues including the formulation and revision of document
retention policies. Our responsive attorneys are prepared to use
that experience to work with your company’s management and/or
in-house counsel to craft a records retention policy that is specifically
tailored to meet the your unique business interests and legal requirements.
Once the policy has been crafted and approved, we will assist in
training your key management personnel and employees to provide a
means of monitoring and ensuring compliance with the policy. We will
accomplish all of this with minimal, if any, disruption to your business
operations.
The benefits resulting from a comprehensive records retention and
management policy are immeasurable and extend well beyond legal compliance.
The risks of failing to have such a policy are too large to ignore.
Give us a call and let us help you control your records, rather than
having them control you.
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