Sloppy e-discovery can cost you millions: ComputerWorld Australia

Very Interesting Article on Legal Discovery

1: Recent surveys show that the average U.S. company faces 305 suits at any one time; that number jumps to 556 for companies with US$1 billion or more in revenue.

2: 95 percent of all business communications now are created and stored electronically.

3: on Dec. 1, 2006, when amendments to the Federal Rules of Civil Procedure (FRCP) went into effect. The new rules require opposing parties to discuss e-discovery issues within 120 days of a lawsuit's filing.

4: If the opposing side can prove the litigation hold was not implemented properly, the result can be devastating.