While lawyers and IT professionals come from different worlds and talk different languages, there is no getting around the need for them to communicate and work with one another. The bottom line is that legal requests to support litigation now routinely involve electronically stored information such as emails, and CIOs must develop policies and practices, or risk costly fines and damage to the company's reputation.

As it turns out, following good information storage practice makes important legal and economic sense. A new report from the IT Policy Compliance Group shows a direct correlation between significant cost savings and sound document retention polices. Across all business sizes, the IT report said those firms with the least-mature practices incurred expenses that are more than 10 times those of their peer companies with more sophisticated practices.

For more:
- check out this CIO.com article