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Information relating to corporate regulatory compliance requirements, information governance, and risk issues, with a special eye toward the legal issues involved.


Governance, Risk & Compliance Articles

Survey Says Cost Cutting More Than Just Talk for Legal Departments

This article from the New York Lawyer tackles one of the primary questions facing Legal Departments today: How to cut costs in the most effective ways to improve their bottom line. “Cost-control methods in law departments are more than just talk as cost pressures are creating a fundamental shift in the management and operation of the departments and their interaction with outside counsel, results of a recent Hildebrandt International survey suggest.

Results of the Law Department Survey are a further indication that more work is being brought in-house, alternative fee arrangements are in high demand and spending is shrinking. The rate of increase for inside and outside legal spend and compensation continue…


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Disaster? E-Mails Seen as a Flash Point for Bear Stearns Fund Managers’ Fraud Trial

Law.com brings us this take on email disaster: “On April 22, 2007, Bear Stearns hedge fund manager Matthew Tannin sent an e-mail to fellow hedge fund manager Ralph Cioffi. “The entire subprime market is toast,” he said. “There is simply no way for us to make money — ever.” Three days after the now-infamous “toast” e-mail, Tannin reassured investors during a conference call, telling them he was “very comfortable with exactly where we are” and “there’s no basis for thinking this is one big disaster.” Continue reading….


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Has Reinvention always been the key to success in the eDiscovery industry?

This article, written by Nuix CEO Eddie Sheehy, discusses his ideas about how to improve eDiscovery solutions the most efficient, cost-effect ways.

In these strained economic times, there is intense pressure on the eDiscovery process to improve operational performance, while processing increasingly large amounts of data faster, with less labor and lower costs and overhead, while also maintaining top-notch accuracy. Looking forward, there are a variety of logical improvements to eDiscovery technologies that need to be achieved to address market demands in the most effective, cost-efficient way.

1. eDiscovery technologies must improve processing speed to allow users to provide “answers” back to stakeholders rapidly, providing them an immediate strategic overview of their continue…


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Re: Obama’s Email Problem

Two watchdog groups want answers on how millions of Bush-era messages vanished — and they’re losing patience with the White House. Mother Jones reports ” An old problem is back in Barack Obama’s inbox: What to do about millions of missing Bush-era emails?

In March, two Washington watchdog groups agreed to suspend a lawsuit against the White House — a case the Obama administration inherited from its predecessor — that aimed to force the government to recover the emails and modernize its archiving of electronic documents. At the time, the Obama administration had indicated it was willing to work toward a settlement. Continue reading….


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Enslaved Priest’s Negligent Loss of Laptop Results in Spoliation Sanctions Recommendation

Legal Holds & Trigger Events, is a blog dedicated to cases, insights, developments and best practices relating to the development and implementation of legal holds relating to audit, investigation and litigation in the United States; and trigger events that give rise to the duty to preserve evidence in the United States.

Today they review a report of In Shukla v. Sharma (EDNY Aug. 21, 2009),in which a Hindu Priest, claimed that the Ashram he lived and worked for in New York illegally trafficked him into the US in 2000 and enslaved him.

The primary discussion of the Report is a summary judgment motion by defendants, but a spoliation motion also considered by continue…


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