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CommVault Issues E-Discovery Study

READING, U.K. -- A new study, commissioned by CommVault and conducted by market research firm Dynamic Markets Ltd., reveals the top issues that legal professionals and other senior managers find most worrisome regarding the discovery of electronically stored information (ESI) and conveys a marked sense of concern among those tasked with mitigating organisational risk.

-- The 2008 survey: Corporate Hide and Seek examines the perceptions of 300 in-house legal professionals and senior managers in the UK, Germany and the Netherlands related to the common legal and financial risks associated with not being able to retrieve documentation, as well as its impact on their organisations. Among the report's key findings:

-- One in two organisations (47 percent) questioned have suffered serious consequences as a result of IT systems failing to deliver on demand critical data needed to support legal disputes. These consequences include the payment of penalties, loss of the legal dispute, or the delay or failure to produce the required information.

-- 39 percent of the companies interviewed believe they are still at risk of receiving financial penalties for not being able to produce documents by legally imposed deadlines.

-- Of those who believe they are still at risk, 58 percent have experienced delays in producing information and nearly half (47 percent) have failed to produce such critical information.

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