Amended FRCP rocks the data center
"On December 1, 2006, the Federal Rules of Civil Procedure was amended to provide expanded definition and structure to the newest class of legally discoverable business data: electronically stored information (ESI). Data management will never be the same. In a nation where litigation is a continuing threat, companies cannot afford to ignore the new rules; although many are. Neglecting the rules will send litigation costs soaring in the form of ad-hoc electronic discovery procedures and meaningful court sanctions. A real business risk that must be addressed.
With this in mind, having a system in place is colossally important. The dangers of litigation in Federal and State courts are not confined to multi-million dollar corporations. The smallest company can face financial and market devastation from litigation, legal fees, court costs and settlements. It makes no sense to assume the risks of additional court sanctions dependent on rules violations."