The good news is that electronic record retention tools and technologies give firms of all types and sizes unprecedented opportunities to improve their operational efficiencies, speed products to market, make regulators happy, and send black ink straight to the bottom-line. The bad news is that electronic record retention tools and technologies are arguably more advanced than some of the strategies and best practices employed by companies to try and ensure all of those benefits. Worse, some firms commit the well-meaning mistake of trying to be safe by hanging onto every electronic record until their systems are so slowed and clogged that it is hard to find the electronic records they need when you need them.


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