Comprehensive report from ACC and Pagefreezer gives in-house leaders detailed insight into eDiscovery readiness and existing strategies for the collection, retention, and preservation of widely-adopted new data sources.
Miranda Pang (Pagefreezer)
WASHINGTON (June 3, 2021) – Despite increasing reliance on online platforms like Slack, Teams, Facebook, Zoom, and WhatsApp for both internal and external communications, many companies are slow to implement formal practices for the retention and preservation of online data. In fact, 71.6% rated their organization as “immature” or “intermediate,” according to a new report from the Association of Corporate Counsel (ACC) and Pagefreezer.
The Collecting Online Data for eDiscovery & Litigation Readiness Report, which surveyed 211 in-house counsels across 23 industries and 22 countries, examines how legal teams are dealing with new data sources like team collaboration tools (like Slack and MS Teams) and video conferencing platforms (like Zoom) and identifies the key challenges. The results reveal important quantitative insights into the current maturity level of information governance (IG) programs and the extent to which legal departments are adequately prepared for the eDiscovery processes involved in potential litigation.
“Combining the impacts of the exigencies of COVID-19 and the already frantic pace of adoption of new technology, information governance is undergoing a revolution,” said Catherine J. Moynihan, AVP of legal management services at ACC. “The information in this report is critical to the in-house community – especially to discovery professionals involved in litigation, data privacy, and information security – because it provides an actionable look at where they are now, and where they need to go, in IG maturity. A safe, compliant, competitive law department requires this level of nuanced benchmark. We are grateful to Pagefreezer for their partnership in designing and developing this report.”
“With the explosive volume of ESI being created through team collaboration tools like Slack and MS Teams, websites, social media, and text messages, legal teams need to preserve and produce this ESI in the same manner as they currently handle email. Yet, the results of the survey shows the IG practices for these types of data are not nearly as mature as that of email and cloud-based documents. Many legal teams would not only struggle to respond to a sudden request for production of online data, but would struggle to even identify and access this ESI,” said Peter Callaghan, Chief Revenue Officer of Pagefreezer. “Fortunately, solutions exist and we’ve helped organizations cut down ESI identification work from weeks to minutes.”
Key findings from the report include:
The data for the report was compiled in March 2021. The full report is available here (www.acc.com/igmaturity-report). Please contact Dan Weber (email@example.com) or Miranda Pang (firstname.lastname@example.org) for questions or media requests.
About ACC: The Association of Corporate Counsel (ACC) is a global legal association that promotes the common professional and business interests of in-house counsel who work for corporations, associations and other organizations through information, education, networking, and advocacy. With more than 45,000 members in 85 countries employed by over 10,000 organizations, ACC connects its members to the people and resources necessary for both personal and professional growth. By in-house counsel, for in-house counsel.® For more information, visit www.acc.com and follow ACC on LinkedIn, Twitter, and Facebook.
About Pagefreezer: Pagefreezer is a leading provider of website, social media, mobile text, and enterprise collaboration recordkeeping solutions to both the public and private sectors. Pagefreezer is a SaaS application that lets organizations of all sizes monitor data sources like website and social media accounts and permanently preserve content in evidentiary quality. Archived data (including edited and deleted content) can be replayed as if it’s live and is often used for litigation and regulatory compliance.
Learn more about Pagefreezer at Pagefreezer.com.