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8-Things-to-Consider-When-Developing-an-Information-Retention-Policy

All too often, businesses discover the need for a document retention
policy either when it is least convenient to implement or too late in
the game.  Particularly in today’s litigious environment where
virtually any form of information (paper, electronic, or audio) can be
used in litigation, being proactive in this regard can save an
organization from headaches and excessive costs.

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Source: http://www.aiim.org/Resources/eBooks/Content-Records-Management/8-Things-to-Consider-When-Developing-an-Information-Retention-Policy
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