Do Your Records Storage and Retention Practices Comply With Applicable Law?

As a result of Sarbanes-Oxley and recent amendments to the Federal Rules of Civil Procedure regarding discovery of electronic records (“e-discovery”), federal regulators, courts and companies are focusing more and more attention on records retention policies and practices. The following is a checklist to assist in determining whether a company’s records retention policies and practices are designed to maximize compliance with applicable law in a cost-effective manner.