Fact SheetRoundtable
NJCLE-eligible program
Thursday, March 1, 2012
7:00 - 9:00 PM
Parsippany Hilton
1 Hilton Court
Parsippany, NJ 07054
Many companies have a retention schedule but still keep 40% to 70% more records than necessary. This session will discuss records retention programs and issues that affect corporate compliance and governance programs and investigations.
The Underlying Problems
Companies retain way too much information. This is at the heart of nearly every records-related “real world” problem that companies face. And while most companies have a retention schedule, it seldom reflects the actual records and practices of the departments that are expected to comply with the schedule.
Practical First Steps
Records retention doesn’t have to be the never ending project. Within 45 days companies can establish the foundation of a defensible records retention program and have the data and insights needed to eliminate obsolete records and information.
Connection to Corporate Compliance
Companies that incorporate a defensible records management program into their corporate compliance program are able to:
- Eliminate obsolete records & information
- Comply with legal and regulatory requirements
- Find information for litigation, investigations or audits
- Reduce storage and e-discovery costs
- Comply with new and emerging privacy laws
Jerry Jabour is the Senior Vice President and Head of Global Legal Affairs for Wockhardt, a global biotechnology and pharmaceutical company. He has global responsibility for the legal function and provides active legal counsel to the parent company located in Mumbai, India, as well as subsidiaries in the United States, United Kingdom, Switzerland, Ireland, France, as well as active business interests in Russia and South America.
Chris Santomassimo is a Partner on the Business Counseling and Compliance & Corporate Governance Teams at Nicoll Davis & Spinella and has extensive experience, including as a current General Counsel and a Chief Compliance Officer. He specializes in ethics and compliance counseling; corporate investigations; complex tort, products liability and business litigation; product safety and risk management programs; employment law and litigation; and general corporate matters. He can be reached at CSantomassimo@ndslaw.com
Rebecca Perry, EVP at Jordan Lawrence and oversees the Records Analytics Retention Schedule services that provide complete, benchmarked retention schedules within 45 days for major corporations. She can be reached at 636.821.2251 or rperry@jordanlawrence.com.