By Linda Muller, Director, Records and Information Management
There has been tremendous growth within the Records Management industry in recent years, as organizations are forced to retain large volumes of data to meet business objectives as well as regulatory and legal requirements. Research and Markets estimates that nearly half of Global 2000 companies currently have enterprise-wide records management solutions in place. And according to 2012 research from IBISWorld, over the next five years to 2017, the Records Management industry is expected to continue to experience steady growth.
Law firms are no exception to this trend. Documents are a core asset of every law firm, and ensuring that firms have sound strategies and policies in place for the storage, retrieval and retention of records is vital to success. Law firms also have a fiduciary responsibility to their clients to maintain, preserve, and protect client records using best records management practices.
It’s a best practices approach that we have found to be a true win-win.
What strategies for records management has your law firm found beneficial? Share them with us by leaving a comment below.
Click here to contact us via the web or be sure to call 1-800-870-0225 for additional document management information.
Source:Ricoh Legal Blog