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By Sean Doherty Law.com September 3, 2008 Just like it is difficult to ignore an elephant in the room, it was difficult to ignore the e-discovery vendors at the International Legal Technology Association conference in Grapevine, Texas, last week. Due to their number, there was a lot of e-discovery news from the show to filter and winnow into a coherent post. In that process, I also discovered other ILTA news of interest to legal technology professionals. EDD BIG PICTURE: COMPLIANCE When you review the services provided by e-discovery providers, you can see that e-discovery software solutions apply to areas outside of e-discovery such as claims administration and legal-hold notification and can come under a larger structure of corporate governance, risk management and compliance. Because when you look at e-discovery from the corporate view, it is becoming a proactive activity designed to manage and mitigate the risk of litigation and comply with regulatory frameworks from the likes of the Federal Communications Commission and the Securities and Exchange Commission, Sarbanes-Oxley Sec. 404 and the Federal Rules of Civil Procedure on discovery and electronically stored information. From this larger view of discovery, comes Legal GRC, a concept spearheaded by Exterro. Legal GRC aims to reduce risks for in-house counsel across a multitude of compliance areas, not just potential litigation. The GRC concept, which stands for governance, risk and compliance, has (been) applied to the financial, health and information technology sectors since the middle to late 1990s. GRC concepts identify risks and create processes and policies to mitigate those risks using security control measures and monitoring products. In short, rather than take a reactive stance to compliance requirements, GRC takes a proactive stance in identifying risks and mitigating them across the enterprise. Once e-discovery takes on its larger role in governance, risk and compliance, it opens up a whole new world with some established players. For example, Symantec's Enterpise Vault, Seagate Services EVault, and now Hewlett Packard's Integrated Archive Platform (formerly its Reference Information Storage). Read the full article here: http://www.law.com/jsp/legaltechnology/pubArticleLT.jsp?id=1202424216403
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