What is a Legal Hold? Why Does It Matter?
Tuesday, January 24th, 2012A Legal Hold is the process an organization uses to preserve all forms of relevant information when litigation is reasonably anticipated. There has been a flurry of judicial decisions in this arena recently, so it is a good time to refresh your policies and procedures on this topic.
Take a look at this article published by Corporate Counsel. It has a great discussion on an enlightened approach to Legal Holds and discusses what an organization should hold on to in today’s legal web. A Legal Hold process is not one-size-fits-all. It must be tailored to the organizaion and the facts at hand. That being said, here are some tips from the article to consider:
- Know Where You Are Going, Then Construct Your Legal Hold Process.
- Have A Written Legal Hold Process — and Stick To It!
- Know That “Stuff Happens” — Don’t Let Perfect Be The Enemy Of Good.
- Don’t Over-Preserve.
- Seek Legal Counsel Early.
If you need further guidance on the Legal Hold process or need a business-focused approach to your legal matters, feel free to contact attorney David Baer at david.baer@ethoslaw.com or 612.767.3311.