StoredIQ's Litigation Readiness Solution
- Implement proactive eDiscovery, litigation-ready response capabilities
- Reduce the risk of government fines, court sanctions and negative verdicts
- Contain the cost of electronic discovery.
- Make better, faster legal decisions based on real-time information and analytics
For today's organizations, litigation and investigation is not a question of "if" but "when." According to a recent survey, the average number of lawsuits for companies with over $1 billion in revenue increased to over 500 cases. At the same time, government investigations continue to grow in number. The Department of Justice investigated 490 corporate fraud cases in just one year, resulting in 171 indictments and 124 convictions.
The eDiscovery process is a critical part of these challenges. Legal teams want to keep their organization out of the media spotlight by ensuring government fines, court sanctions and negative verdicts do not occur because of internal failures managing the electronic discovery process. They also want to make superior decisions on legal strategy and tactics quickly based on real-time information about the documents and email in their enterprise systems. In addition, every organization needs to contain costs by finding better methods to improve the predictability of electronic discovery while reducing its cost.
To address these challenges, the StoredIQ Litigation Readiness solution delivers a consistent, cost-effective repeatable system for proactive eDiscovery. With StoredIQ , organizations can identify, protect and delete information according to specific corporate, legal and regulatory requirements.
A proactive, automated solution
StoredIQ's Litigation Readiness solution is a truly automated, proactive solution that greatly improves an organization’s ability to avoid sanctions while reducing the costs of eDiscovery.
Because data is pre-indexed and classified, organizations can rapidly respond to preservation orders, minimizing the risk of spoliation claims and improving the ability to respond within deadlines to litigation holds and production schedules. In addition, relevant documents can be proactively identified and protected according to legal and information governance requirements. And, active data can be automatically deleted according to predetermined policies further mitigating legal risks and exposure.
The StoredIQ Litigation Readiness solution generates auditable data topology maps and advanced analytics of active electronically stored information (ESI). Network servers, email servers, content management systems, storage systems and PCs are automatically indexed according to highly customizable criteria. These topology maps can help organizations better prepare for Rule 26(f) ‘Meet-and-Confer’ conferences, improving their ability to negotiate with the opposing counsel. The StoredIQ Litigation Readiness solution enables organizations to control litigation costs through the ability to plan legal strategies based on accurate, timely information.
Benefits of the StoredIQ Litigation Readiness Solution
By offering a proactive solution for managing risk, reducing costs and improving legal decision making, StoredIQ Litigation Readiness can help organizations:
- Reduce the risk of spoliation, improving the ability to implement and manage litigation holds on ESI in active systems.
- Manage the risk from outdated records by proactively identifying and destroying documents whose age exceeds document retention policies.
- Improve eDiscovery cost predictability by reducing the dependency upon outside vendors to collect and process ESI.
- Enhance preparation for Rule 26(f) conferences, based on accurate, comprehensive and timely knowledge of the ESI.
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We'll be happy to talk with you about StoredIQ products and solutions. Call us at 512.334.3100 or contact us.
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