Prepress
Océ Business Services Shares eDiscovery Best Practices and Cost Saving Strategies at the Argyle Executive Forum
Thursday 18. September 2008 - The current economic downturn is affecting all executive functions including the corporate counsels office. With these and other challenges facing in-house counsel, Doug Bean, vice president and general manager of Océ Business Services Records Compliance and Legal Solutions (RCLS) Division, is sharing recommendations to help enterprises attain legal discovery readiness.
Bean will offer insights as part of a panel discussion, “Controlling the Discovery Process,” taking place today in Chicago at the 2008 Corporate Counsel Leadership Forum, presented by the Argyle Executive Forum. The event brings together legal leadership of approximately 125 public and private large cap and mid cap corporations.
In addition to highlighting cost saving methodologies, Bean will advise on how companies can implement electronic discovery (eDiscovery) best practices that will help them proactively prepare for legal discovery. Other topics being discussed at the Forum include creating a viable legal culture, preparing for the demands of a globally sustainable planet, and class action litigation strategies.
Bean will also be available to spotlight important facts that every legal professional should know about eDiscovery. These findings were derived from the “Dawn of the Discovery-Ready Enterprise” survey, underwritten by Océ late last year, and reflect responses from more than 100 legal professionals highly experienced in legal discovery.
Key Survey Findings
Inadequate records management is a real problem – Among surveyed attorneys at companies that have a fully implemented records program, only eight percent say their program addresses electronically stored information (ESI) very well. Among attorneys at companies that lack a fully implemented program, 26 percent say that their company has no plans to implement a program; 17 percent dont know whether or not their company has any plans.
Being proactively prepared is critical – More than 60 percent of survey participants highly agreed that being proactively prepared for eDiscovery has critical business benefits. These benefits include reducing the risks associated with discovery; shortening the time necessary to produce documents; and lowering the cost of discovery.
Insourcing and outsourcing can = eDiscovery success – Enterprises and law firms understand that business process outsourcing is a component of an effective approach to electronic discovery readiness. Sixty percent of enterprises plan to establish a mix of internal electronic discovery expertise and external expertise.
The full “Dawn of the Discovery-Ready Enterprise” survey report is available by visiting http://www.obs-innovation.com. Océ Business Services plans to issue another “Discovery-Ready Enterprise” survey report later this month.