Determining which documents to keep and which to destroy requires your company to perform a delicate balancing act. On the one hand, the company must
retain documents needed to satisfy its business operational requirements, as well as preserve documents relevant to any potential litigation. On the other hand, your company needs to hold down its costs for storing records. This balancing act becomes particularly complicated if your company is doing
business in Europe, where your company has to comply with a bewildering array of
retention requirements imposed by the various European governments.