Calculating the "Total Cost of Information" -- A Wakeup Call for More Effective Information Management
January 23, 2009
Jay Brudz, Senior Corporate Counsel, GE
Implementing good retention practices and information hygiene is often met with resistance from business groups and even the legal department. By calculating the true loaded cost of information to the corporation -- including the cost to manage, discover and litigate it -- companies can make much better cost/benefit decisions. Moreover, transparently allocating the real cost of information can reduce unnecessary discovery budget surprises improve allocation of discovery costs.
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