FRCP Compliance how to manage electronic compliance for public and private companies

Amendments to FRCP in 2006 Prompt E-Discovery’s High-Growth Pace

A recent report from world-renown research analyst firm Gartner, forecasts the e-Discovery market to surpass $1.2 billion. This will be a (huge!) 23% increase from 2009.

One couldn’t deny the importance of the e-Discovery process, but seeing an actual forecast is encouraging. As the world shifts to cloud computing and putting everything in electronic form, the process of finding these documents in pending litigation has become that much more important.

Tom Eid, a research vice president at Gartner attributes amendments to the FRCP as a catalyst for growth:

“The December 2006 amendments to the Federal Rules of Civil Procedures (FRCP) in the US regarding the discovery of electronically stored information (ESI) and passing of subsequent similar statues in other countries, has really spurred market interest in e-discovery.”

This really shows that attention to FRCP compliance is absolutely necessary for all companies. No matter the industry, adherence to the act’s regulations is a smart idea. Also, proactively archiving messages and having a system of place where ESI (electronically stored information) can easily be filtered can save hundreds of thousands of dollars if served with an audit.