LDO Buzz

7 tips for starting information governance projects
There will never be a “right” time to start, so don’t wait too long
Mark Diamond, InsideCounsel
One general counsel recently told me he would rather change a tire in the rain than work on a records management project. I can understand his reluctance. Considering the tar pit of corporate compliance, records management, litigation readiness, data privacy, e-mail retention and other information governance projects have a tendency to get stuck.

Follow these tips to avoid getting caught in the muck:

1. Don’t get stuck before you start: (read the article)

For GCs, a Little Talk Goes a Long Way in Risk Management
David Hechler, Corporate Counsel
Consider these statistics: An international risk survey found last year that 70 percent of the companies surveyed had not anticipated most of the risky events they experienced, and only 30 percent accurately estimated the impact of those episodes. In Walker’s view, more and more general counsel are beginning to see the value of ERM and are interested in learning about it, but some don’t know how to introduce it into their companies. In other words, they don’t quite get that it has to be enterprise—not law department—risk management. (read the article)