Why Firms Need Document Retention Standards

Composite image of hand writing with markerTwo steps can set your firm on the right path.

By Roman H. Kepczyk
Quantum of Paperless

Managing digital files is in many ways similar to managing paper files in that the firm must have standards for who can create a document, add to or edit a document, file it and eventually purge the file. Unfortunately as digital files are on the network and “out of sight,” many firms are not really aware of: