Taxonomy: Litigation and E-discovery Drives Corporate Records Retention

Posted by Joachim Bartels | Jan 2, 2013 | Member, Member News, Taxonomy, United States, Wand | 0 |

Litigation and e-discovery is the other key driver for corporate records retention. The vast volume of documents that are created in a business is all potential evidence in future litigation, making it an important litigation risk management issue. A recent Network World article noted that at any given time, the average U.S. business is involved in over 300 lawsuits. When a company is involved in litigation, organized document retention can be crucial.

BIIA Member Wand Inc. has developed a Records Retention Taxonomy Specs and Catalog which contains 370 Preferred Terms with 680 Synonyms.

Areas of Coverage: Consumer Information, Document Formats, Employee Related Records, Federal Statures, Financial Records, General Business Records, Legal Records, Personal Information, Safety Records and Notices, Sales and Marketing Records, Tax Records. Languages: English

Download Records Retention Taxonomy catalog

Download Records Retention White Paper

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.