May a firm or client regularly destroy files and records? What standards or directives related to litigation should be included within a document retention policy?
What will be an ideal response?
It is important for firms to establish and maintain a document retention and destruction policy so it can destroy files and records in the ordinary course of its business without fear of legal sanctions. The policy should include standards as to what matters may possibly bring litigation, and what documents must be preserved that are related to the potential litigation.
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