Industry Facts on eRisk
96% of world's information is stored and managed digitally, such as patents, trade secrets, employee records, email and Internet usage, business documents, and transactions1
14,000 federal and state regulations support data handling and retention, Internet and email misconduct1
Companies with at least $1 billion in annual revenue are engaged in an average of 147 lawsuits simultaneously, while companies with average revenues under $1 billion were juggling 37 lawsuits at any given time2
Sources:
1 "Avoiding the Perils of Electronic Data", Bill Roberts, HR Magazine, January 2007
1 American Records Management Association and Cohasset Associates
2 "Rules About to Change in E-Discover Game", Jennifer Schiff, November 2006
2 Study by Law Firm Fulbright and Jaworski LLP, October 2005
