Let me remind you of the hoary old statistic often trotted out, namely that some 90% of corporate documentation is now created electronically rather than on paper, and over 90% of that is NEVER turned into paper.
Whether the statistics are accurate or not, there can be no doubt that vast amounts of information are now held in electronic form. This leads to questions about the way companies deal with the storage of such information and what arrangements they have for its retrieval when faced with litigation, a regulatory investigation, an arbitration or a Freedom of Information application.