Friday, July 22, 2011

Social Media Content Causes Extra Costs to Companies Not Preserving It

http://ow.ly/5KTiE

A press release issued by Symantec, whom recently purchased Clearwell.  Clearwell remains a valued partner of SRM Legal.

The press release states that "Social media incidents cost typical company $4 million over past 12 months".

Corporations that are not actively taking steps to control social media content, and preserve it when the duty to preserve arises regarding litigation, are faced with costs that will continue to escalate.  2011 is already being referred to as the year of the sanction, failing to deal with social media content will just continue to increase this trend.

SRM Legal can assist corporations in designed plans and improving the efficiency of worklows, and the solutions provided through Symantec's technology can certainly be of great cost-savings when used in a proactive manner.

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