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Implementing a Records Retention Program, by Lorman

Implementing a Records Retention Program is brought to you by Lorman

Understand the basics of records retention and the process for developing a successful implementation strategy.

Organizations maintain a large amount of recorded information to support their general business activities, including accounting, tax, legal, human resources, marketing, sales, public affairs, etc., and their special industry activities, including financial services, manufacturing, power, pharmaceuticals, retail, and a host of other industries. Complicating the development of a records retention program, companies must comply with a myriad of state and federal laws, perhaps even international requirements. How does a company determine the retention requirements for its records and implement a legally compliant and functional records retention program? This course will review the basics of records retention, reasons to establish a retention program, types of records maintained by most companies, the scope and nature of the legal research for retention, the step-by-step process for developing a program, and successful implementation strategies.

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