1 structuring your information management to ensure litigation readiness julian ackert, principal...

Download 1 Structuring your Information Management to Ensure Litigation Readiness Julian Ackert, Principal Washington DC John Forsyth, HBOS Edinburgh Andrew Haslam,

Post on 19-Dec-2015

213 views

Category:

Documents

1 download

Embed Size (px)

TRANSCRIPT

  • Slide 1
  • 1 Structuring your Information Management to Ensure Litigation Readiness Julian Ackert, Principal Washington DC John Forsyth, HBOS Edinburgh Andrew Haslam, Consultant London
  • Slide 2
  • 2 Page 2 Agenda What is e-Disclosure Preparedness and why is it so important now? What are global corporations doing today in response? How has this environment impacted US law firms? How has this environment impacted UK firms to date? How might UK firms be impacted in the future?
  • Slide 3
  • 3 1.Exponential Volume 2.Metadata 3.Unknowns Cost and risk in determining, Have we produced what we need to? Challenges of Electronic Data
  • Slide 4
  • 4 Drivers in electronic discovery Rules New laws, i.e. changes to the CPR, FRCP Complexity Increased complexity and dependency Increased use of computer systems Increased digital-only existence of data Volumes Bigger storage volumes
  • Slide 5
  • 5 Company said they located and searched all relevant backup tapes, but had not. $1.4 billion in damages, adverse inference instruction, default judgment Coleman v. Morgan Stanley Employees deleted relevant e-mail, IT continued to rotate and overwrite backup tapes. $29 million damages, adverse inference (in ordinary employment case) Zubulake v. UBS Warburg Executives did not print e-mail subject to litigation hold, IT continued 60-day purge $2.75 million fine, executives precluded from testifying US v. Philip Morris USA The Trend in U.S. Court Decisions
  • Slide 6
  • 6 What is Litigation Readiness A better fence at the top of the cliff Sound RIM as a good efficient business practice Becoming essential for certain firms i.e. SOX, FSA, Basel 2 and MiFID May be part of due diligence in a M&A situation
  • Slide 7
  • 7 Why Litigation Readiness? Regulatory and Compliance drivers Litigation issues Data Protection problems General information management Best Practice"
  • Slide 8
  • 8 1.Profile your systems and data 2.Reduce the pool of backup/archival media 3.Extend records/retention policy to ESI 4.Establish Preserve Now team and process 5.Streamline litigation hold process 6.Manage outside counsel and vendors 7.Litigation Process Outsourcing Changing the Corporate Architecture Corporate Strategies for Litigation Readiness
  • Slide 9
  • 9 Emerging best practices in the US Be first to put a reasonable plan in place, to your advantage, then cost shift Issue litigation hold quickly, narrowly, and often Proactively involve IT at a level that gets results, pay attention to spoliation via maintenance processes/ programs Preserve quickly (anticipation of lawsuit), on a rolling basis Preserve metadata Collect accessible data, broadly, cull later Sample to reduce population of documents sent to review Conceptual document review tools Emerging best practices in the US
  • Slide 10
  • 10 Reactive/technologyProactive Original Volume (and Cost) Scope Preserve Gather ProcessHostReviewPresent Litigation Readiness Efficiencies in e-disclosure
  • Slide 11
  • 11 1.Understand the details of client IT systems Think global Scope of data locations, volume, timeframe, retention Preservation options, and cost to access, cull and produce 2.Preserve data/metadata upon anticipation Employee litigation holds should be robust, but may be insufficient. IT should proactively preserve from a system standpoint Metadata, backup tapes, what is reasonable? 3.Develop CMC strategy for negotiating Defensibility of preservation Accessibility/inaccessibility for collection Timeframe/format of production The Challenge for Outside Counsel
  • Slide 12
  • 12 How has this environment impacted UK firms to date? How might UK firms be impacted in the future? Discussion How has this environment impacted UK firms to date? How might UK firms be impacted in the future? Discussion
  • Slide 13
  • 13 How has this environment impacted UK firms to date? How might UK firms be impacted in the future? Discussion Questions?