"Legal Hold & ESI: The Dollars & Sense of Automation" Will Feature Leading Experts From General Electric, Munger, Tolles & Olsen, and Fredrikson & ByronLake Oswego, OR - (Marketwire - January 29, 2008)- Exterro, a leading provider of advanced workflow technology for the legal industry, announced it will sponsor "Legal Hold & ESI: The Dollars & Sense of Automation" -- an in-depth panel discussion featuring leading experts from corporate counsel, law firms and legal consulting firms -- at the upcoming LegalTech New York 2008, February 5-7, 2008. The panelists will offer practical advice and insights about cost estimating and scheduling throughout the legal hold and electronic discovery process. The panel is part of the LegalTech Emerging Technology track and will be held on Thursday, February 7, 2008 from 11:45 a.m. - 12:30 p.m. at the New York Hilton Hotel on the Avenue of the Americas in New York, NY.
Today, companies must preserve relevant information in anticipation of litigation or investigation. Both state and federal rules specify that parties that violate a preservation order, or otherwise fail to produce information, are exposed to a range of sanctions. With cases focused on a company's litigation hold policies becoming increasingly prevalent, the need for automated legal hold procedures and processes has become critical. Companies must also consider automating document retention policies, data-source mapping, and information cataloging where potentially responsive information resides.
The Fourth Annual Litigation Trends Survey supports this finding. During the survey, Fulbright & Jaworski interviewed approximately 300 U.S. and U.K. corporate counsel. Asked about litigation hold policies, 98% of the companies with revenues over $1 billion claim to have one, with the 89% of all other companies surveyed stating that they are currently working on developing such policies. 81% of the U.S. companies and 73% of the U.K. companies surveyed have reviewed or revised their legal hold policies in the past 12 months.
The "Legal Hold and ESI: The Dollars and Sense of Automation" panelists will address the critical need for legal organizational automation, including different approaches for cost estimating and scheduling in the legal hold and electronic discovery process. Panelists will also explain real-life scenarios and highlight best practices to show how in-house corporate legal teams can manage the legal hold process effectively to stay compliant with the FRCPs.
"It is a common practice for corporate legal departments to separate legal hold and preservation from the discovery process," said Bobby Balachandran, CEO of Exterro. "However, this separation isn't effective. Our panelists are experts who will explain the challenges with today's legal hold strategies and provide practical advice on how to eliminate inefficiencies in this process."
The four panelists include: Jay Brudz, senior counsel, legal technology, General Electric Company; Ron Best, director of legal information systems, Munger, Tolles & Olson, LLP; Chad Papenfuss, litigation support manager, Fredrikson & Byron; and Erika Boggs, Exterro, client success manager.
Each panelist will provide real-world insights that can help legal teams take control of cost estimation and scheduling of the litigation hold process, from planning for and issuing the legal hold notice through the production of documents and ESI. The panel will also discuss the various processes being used by corporate legal departments and major law firms from ad hoc and manual management through automation via Exterro's software solutions including Fusion Legal Hold and Fusion Discovery Workflow Management
At LegalTech New York, Exterro will demonstrate its comprehensive legal hold and discovery management solutions at Booth #2616. To set up a private appointment, call 503-594-0920. For more information go to www.exterro.com.
Exterro®, Inc. is the leading provider of e-discovery and information governance software specifically designed for in-house legal, privacy and IT teams at Global 2000 and Am Law 200 organizations. Built on a simple concept of process optimization, Exterro helps organizations address their regulatory, compliance, and litigation risks more effectively and at lower costs. For more information, visit exterro.com.
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