Determining which documents to keep and which to destroy requires your company to perform a delicate balancing act. On the one hand, the company must
retain documents needed to satisfy its business operational requirements, as well as preserve documents relevant to any potential litigation. On the other hand, your company needs to hold down its costs for storing records. This balancing act becomes particularly complicated if your company is doing
business in Europe, where your company has to comply with a bewildering array of
retention requirements imposed by the various European governments.
Compliance is difficult enough when a company operates in just one country. But difficulties become much greater when a company operates in many. Here are some resources for creating effective global compliance programs that support your company's business goals.
This article describes the problems that the European Commission's approach to the attorney-client privilege creates and what counsel should do to ameliorate those problems.
This article gives you an overview of EU data protection law, explains why U.S. in-house counsel should be concerned about EU data protection laws, shows you a roadmap to compliance, and gives you a workplan template for achieving and maintaining compliance.