“Morgan Stanley is going to be a harbinger,” said Bill Lyons, chief executive officer of AXS-One, a provider of records retention software systems.”I think general counsels around the world are going to look at this as a legal Chernobyl,” he said.
(from cnet).
The Morgan Stanley opinion (thanks to Monica over at the CommonScold for the full text) is inspiring sales of dictionaries as well as email retention systems while the multisyllabic salvo continues. First “contumacious” and now, harbinger and Chernobyl.
I do not know if this is a Chernobyl. It has heightened awareness of the danger and power of electronic discovery. So in Wired lexicon:
wired=good faith
tired=cost shifting
expired=burden.
Filed under Sound Evidence.