BOSTON, MA, Jan 10 (MARKET WIRE) --
Company litigation risks for electronically stored information have increased
dramatically as a result of changes in government rules. Ninety-one percent
(91%) of Best-in-Class companies avoided fines or a lost legal proceeding
because
they were able to meet legal discovery requirements, according to a study of
364 companies conducted by Aberdeen, a Harte-Hanks Company (NYSE: HHS).
"Survey participants with over $1B in revenues reported an average legal
discovery cost of $997k. Best-in-Class companies experienced significant cost
savings
and lowered litigation risks by implementing a comprehensive e-Discovery
strategy in
their organization," said Ralph A. Rodriguez, Senior Vice President of
Technology
Research, Aberdeen. "Furthermore, Best-in-Class companies are able to recover
archived
data, records, and messages in less than one hour and complete legal
discovery requests on time an average 94% of the time."
Best-in-Class companies identified two strategies as most successful: 73% of
these companies integrated e-Discovery practices with their records and data
management processes, while 64% implemented an organization-wide data and
records lifecycle management policy.
"With 47% of respondents reporting that the number of regulations complied
with
increased or stayed the same over the past year, it is critical to
organizations to reduce their litigation and regulatory risk by deploying
acomprehensive e-Discovery and data, record, and message archiving solution
before
they are served with a discovery notice," states Rodriguez.
A complimentary copy of this report is made available due in part by the
following underwriters: Fortiva and Plasmon. To obtain a complimentary copy of
the
report, visit: http://www.aberdeen.com/link/sponsor.asp?cid=4195.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market
intelligence
that delivers demonstrable results. Having benchmarked more than 30,000
companies in the past two years, Aberdeen is uniquely positioned to educate
users
to action: driving market awareness, creating demand, enabling sales, and
delivering meaningful return-on-investment analysis. As the trusted advisor to
the global
technology markets, corporations turn to Aberdeen(TM) for insights that drive
decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in
context for the global direct and targeted marketing company. Aberdeen's
analytical
and independent view of the "customer optimization" process of Harte-Hanks
(Information - Opportunity - Insight - Engagement - Interaction) extends
the client value and accentuates the strategic role Harte-Hanks brings to the
market. For additional information, visit Aberdeen http://www.aberdeen.com or
call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748
or go to http://www.harte-hanks.com.
Copyright 2008 Aberdeen Group, Inc., a Harte-Hanks Company
260 Franklin Street
Boston, Massachusetts 02110-3112
Telephone: (617) 723-7890
Fax: (617) 723-7897
www.aberdeen.com
Media Contact:
Ralph Rodriguez
Aberdeen Harte-Hanks
(617) 854-5339
ralph.rodriguez@aberdeen.com
Copyright 2008, Market Wire, All rights reserved.
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