In a recent Legaltech news article, “Legal Tech's Milestones for Hiring, Staffing and the Economy in 2022,” Diana Fasching weighs in on the biggest developments in this space as they impacted legal tech in the past year.

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Diana M. Fasching, Managing Director, Redgrave LLP: “For years, defensible disposition has taken a backseat to current business operations. While everyone agrees that getting rid of data no longer needed for business, regulatory, or legal hold purposes is smart, getting traction and funding has been a challenge. In 2022, data minimization is finally at the forefront, driven by the exponentially growing risk-and-cost exposure associated with data privacy, cybersecurity/insurance, storage, and so on. While some may view an economic downturn as a setback, it instead should be a driver. The costs of remediating and litigating issues resulting from years of poor information governance usually far outpace the costs of proactively addressing issues, often by magnitudes.”

Read the full Legaltech News article here.