Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, is hosting its second annual Law Firm Information Governance Symposium from March 13-15 in Chicago, once again bringing together some of the leading information management thought leaders in the legal industry. Over the three-day symposium, information management professionals will lead a series of workgroups examining best practices for tackling information governance in law firms. These professionals include the event’s steering committee members: Brianne Aul from Reed Smith LLP; Bryn Bowen from Greenheart Consulting Partners LLC; Leigh Isaacs from Orrick, Herrington & Sutcliffe LLP; Rudy Moliere from Morgan Lewis & Bockius LLP; and Charlene Wacenske from Morrison & Foerster LLP. Then later this spring, Iron Mountain will publish their recommendations and invite reaction from the larger legal community. The 2013 report will build on “ A Proposed Law Firm Information Governance Framework,” authored by last year’s symposium participants. “In the year since the last symposium, we’ve seen an increase in the number of firms looking for guidance putting governance to work, as their clients want to know their outside counsel has protocols and processes in place to safeguard and manage access to their information,” said Carolyn Casey, Esq., senior manager, legal vertical for Iron Mountain. “The symposium participants have done amazing work to lead their industry and help establish common principles and best practices for information governance. Still, there’s a collective sentiment among this group that their work is far from finished, and an eagerness to build upon the platform established by last year’s symposium and report.” The stakes for information governance remain high, as law firms evolve to address increasing security challenges, greater mobility of lawyers and clients, and growing pressure to make firms more cost efficient and competitive. In response to this, the symposium workgroups will focus on the “how to’s” of information governance while incorporating emerging trends facing information managers at law firms:
- Information Governance “Start-up” – Building an information governance advisory board comprised of leaders representing multiple functions across the firm;
- Designing Key Processes – How to apply information governance to key law firm processes, including information retention/disposition, matter lifecycle management, and information technology systems administration;
- Securing Information – Guidelines and templates for assessing and managing information security risks;
- Emerging Trends in Information Governance – Discussion and guidance on managing “Big Data” and massive volumes of information, new predictive coding applications for classifying information, and how firms are responding to the 24/7 information demands of mobile attorneys and clients.