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Sarbanes Oxley : Law : Business Process Management

Improve Information Preservation and Production in Litigation



Ensures consistent, rigorous process that meets Zubulake V and other emerging standards

Deidre Paknad
CEO
PSS Systems

PSS Systems, the leading provider of information retention and collection solutions, has introduced the next generation of Atlas Litigation Communications and Collections (LCC), an innovative solution to capture, automate and streamline the processes for information preservation and production activities.

Available now, Atlas LCC fills the gap between case tracking and document review software, helping companies reduce legal costs and risks. It manages processes and workflow associated with fulfilling document requests and subpoenas, legal hold notifications, conducting interviews, and collecting documents and emails in a single system that can be used across even the largest litigation groups and their outside counsel.

?For the first time, there is tremendous scrutiny on how and when the obligation to preserve is communicated, and on the efficacy and completeness of collecting relevant electronic information in litigation,? said Deidre Paknad, president & CEO, PSS Systems. ?What started with Anderson and Enron has now resulted in rapidly emerging and widely-adopted expectations for preserving and producing electronic evidence. The diversity, volume and location of information make compliance with these standards remarkably difficult ? yet absolutely essential ? for companies. Our software enables companies to ensure the rigor, consistency, and completeness of their preservation and production activities.?

Atlas LCC is the first and only solution that gives companies:

• A structured, organized process for the full preservation and production cycle.

• Centralized legal notice and collection management to ensure consistency and completeness.

• A shared database of holds, collections and case documents, helping avoid re-discovery in future cases.

• A rigorous but efficient approach that allows litigators to monitor progress and manage by exception.

• Consistent record keeping within cases and across cases that demonstrates the efficacy of the preservation and production process.

Atlas LCC enables companies to quickly identify the relevant people in litigation, notify them of the obligation to preserve information, determine where that information resides, collect information from many sources, manage subsequent requests in the case and over a long lifecycle, and monitor the progress and exceptions that may occur.

The Atlas LCC solution integrates seamlessly with the Atlas Retention Policy Management and Atlas Policy Enforcement solutions to form the AtlasIPM suite. By using the solutions in concert, you can synchronize information retention, disposal, preservation, and production, thereby retaining and collecting only what is needed to reduce legal and IT costs.

?New regulatory requirements and legal judgments such as those against UBS and Morgan Stanley have exposed the importance of addressing the daunting task of preserving electronic information and producing it in a timely manner. Companies would do well to establish structured protocols, formal processes, and centralized tracking and record keeping in the face of scrutiny from regulators and the courts,? said Adam Cohen, partner, Weil, Gotshal & Manges LLP, and co-author of Electronic Discovery: Law & Practice. ?As software like AtlasIPM becomes more widespread, it may well become a default standard for best practice.?

PSS Systems is the leading provider of information retention and collection solutions. The company?s AtlasIPM suite is the first and only solution that enables enterprises to synchronize information retention, disposal, preservation, and production processes. Companies retain and collect only the information they need, resulting in reduced legal and IT costs.

PSS Systems customers include Credit Suisse First Boston, Babcock & Brown, Cap Gemini, and others. PSS Systems is a recognized leader on critical policy topics and founded and sponsors the Compliance, Governance & Oversight Council (CGOC), an executive forum on policy and practice issues related to retention, disposition, preservation, and production. To assist its customers, the company has an expert ecosystem including Hunton & Williams, Kahn Consulting, Kaye Scholer, PricewaterhouseCoopers, Skadden Arps, Weil, Gotshal & Manges, and others.

PSS Systems is a privately-held company based in Mountain View, California.

For more information, please visit www.pss-systems.com.






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