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Federal Rules of Civil Procedure (FRCP)The newly adopted amendments to the Federal Rules of Civil Procedure (FRCP) will have a major impact on the way that organizations manage electronic data. However, an Osterman Research survey conducted in December 2006 found that more than one-half of organizations do not understand the new rules well enough to understand the impact that they will have on their data retention practices while only one in five organizations does not anticipate any sort of change in their corporate behavior in response to the changes. Further, another survey found that only seven percent of corporate counsel attorneys rated their companies as prepared for the new amendments, while more than one-half were not even aware that the new amendments were to go into effect on December 1, 2006. The next several months will present significant challenges to organizations of all sizes on several levels: corporate legal counsel will need to learn what impact the FRCP changes will have on their organizations, IT managers will wrestle with the potentially significant investments in technology that will be required to adequately preserve electronic data, and senior managers will need to evaluate and improve their corporate governance policies and procedures to meet the new requirements. Adobe AcrobatFiles in Adobe© PDF require the FREE Adobe Acrobat© Reader to be opened and printed. If your computer does not have Adobe Acrobat Reader installed, get the latest free version below. Adobe, the Acrobat logos, Acrobat Reader, and Acrobat Reader logos are trademarks of Adobe Systems Incorporated. |
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