LeClairRyan Collaborates With Index Engines
To provide legacy data consultation and oversight
This is a Press Release edited by StorageNewsletter.com on February 11, 2011 at 3:05 pmNational law firm LeClairRyan announces plans to work jointly with Index Engines, Inc.
This collaboration is the foundation of LeClairRyan’s new Legacy Data Risk Management service, which will serve to advise clients on best practices for managing legacy data to reduce risk and minimize future eDiscovery costs.
In today’s climate, proactive management of corporate records is critical. Legal regulations and government oversight require organizations to consider the risk associated with retention of historical records, many of which are not required for any business or legal purpose. Moreover, the cost of long-term retention of such records can be significant and continues to grow. Companies have been challenged in the past to address these issues because of the difficulty and cost associated with identifying legacy data that can be disposed of without unreasonable risk to the enterprise. However, advances in technology now make it more practical and economical to access such data, enabling companies to make reasonable disposition decisions in accordance with corporate policy.
LeClairRyan offers clients experienced oversight for the creation and implementation of data retention policies and data remediation programs and by teaming up with Index Engines. These policies and programs can now also be applied to historical data locked away on backup tapes.
"The effectiveness of a retention policy is proportionate to the amount of data a corporation applies it to," said Dennis Kiker a partner in LeClairRyan’s Discovery Solutions Practice. "By partnering with Index Engines, LeClairRyan offers our clients the ability to apply policy to even the most difficult to access data on backup tapes and other media, often resulting in a positive return on investment as a result of reduced storage costs."
"Undiscovered data contained on legacy backup tapes is a risk every enterprise faces," stated Jim McGann, vice president of Information Discovery at Index Engines. "LeClairRyan is offering their clients a process to reduce this risk by gaining insight into legacy data and applying a retention policy proactively."
The new Legacy Data Risk Management service at LeClairRyan is based on a defensible methodology that leverages Index Engines’ automated approach for tape remediation. The tape discovery technology, combined with retention oversight will enable clients to reduce risk and storage costs associated with data stored on backup tapes.