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E-Discovery: Protecting your Assets
Its 2:00 A.M., your CEO has been taken into custody and
your computers are “under arrest.” All of your company’s data and
intellectual property now is evidence in a discovery process. How does your
company react?
In 2007, ISS entered into an alliance agreement with
the premier intellectual property law firm, Michael J. Lightfoot P.C. The
joint venture is commonly known as
DiscoveryCompliance.Com. The organization has developed a comprehensive
audit methodology to ensure the effective identification and management of
intellectual property and litigation preparedness.
DiscoveryCompliance.com showcases its process for
legally protecting your assets and auditing your preparedness.
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Auditing for Success
In a changing legal and regulatory environment, the
cost of compliance, and the harsh consequences of non-compliance are both
growing exponentially. Our program looks at the process for auditing your
preparedness for a litigation event to protect and reduce the risk to your
company’s assets. Specifically, governance and auditing of Intellectual
property within the Company, new Federal Rules on Electronic Discovery, and
other laws and regulations emerging in this rapidly expanding area of
Corporate Governance.
Cost Avoidance
The demands may not be avoidable, but the excessive
cost, burden and duration certainly can be lessened and planned for. The
Company’s goal should be to establish defensible processes as part of their
routine operations and avoid excessive costs in responding to litigation,
investigations and/or regulatory requests. The Company also needs to audit
their preparedness, to ensure the Corporate Governance group that they
(enterprise-wide) are in compliance with internal policies and applicable
legal and regulatory requirements. Because ready or not, companies are
exposed to the risk of litigation and investigation everyday.
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