The Sarbanes-Oxley Act (SOX) has been a headache for many public companies, but the discipline and transparency it forced on them produced an unexpected benefit -- better control of their business information (most of it electronic) and higher market valuations. The new electronic discovery (e-discovery) amendments to the Federal Rules of Civil Procedure that went into effect on 1 December 2006 promise a similar headache -- and similar benefits.
Executive Update
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