Smoking-gun documents and emails have been at the heart of the world's best known corporate legal battles, but the risks of information in litigation have suddenly grown with new U.S. Federal guidelines for e-discovery. How can companies get a handle on the exploding volume of online content to better address the costs and risks of litigation? Open Text Corporation, a provider of software that helps companies manage their growing stores of emails and documents, released a list of five key technology strategies for litigation and e-discovery readiness that can help companies be as prepared in the courtroom as in the boardroom.

The latest software technology can give organizations the ability to manage discovery in house as litigation arises and to put in place a program of long-term, proactive management of content - anything from informal email to formal contracts - that may be subject to discovery. The technology helps organizations provide a consistent process for determining what content to keep and what to discard based on regulations and predetermined policies. How can companies leverage this technology, sharpen their ability to manage information and better respond to discovery requests? These five key strategies can make all the difference:

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