Archive for May, 2010

The objective of electronic discovery consulting

The responsibility or job roll of an electronic discovery counselor may vary, but there are certain important tasks. For example, the consultant can provide internal legal team with leadership on how best to grip electronic data for both, when working with data from other organizations and internally, if involved in mergers or litigation and acquisitions. An individual can also manage outside computer forensics vendors, e-discovery vendors and outside consultancy both in terms of setting expectations and cost. In addition, he or she can initiate internal document preservation policies, decide the best procedure coordinate collection efforts with the external resources or IT department, if required. Lastly, this person will be able to testify on electronic discovery matters and can help keep members of the firm side by side of current electronic discovery lawful trends and case law.

The main purpose of electronic discovery consultant is to organize pertinent files for efficient and measure review, subsequent use, production and also deliver assistance, scheduling and execution or implementation services which gets better efficiencies and decrease costs.

The electronic discovery consultant helps an individual to make a proper planning and implement their services and resources efficiently by reducing costs

Related Information

Contact with Hutcherson Sbaiti LLP to get the best electronic discovery consulting services

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Nancy on May 28th 2010 in Electronic Discovery

Investing in a hedge fund – do you qualify for it

Funds that depend on ‘hedging’ techniques are quite popular among investors. These funds use different methods like short sale, arbitration, and so on to attain profit even in adverse markets. The investments are huge; these are exempt from various rules and regulations and are long time endeavors.

Now the question is who are the investors in such funds? In most states, there are certain criteria that you need to meet in order to become an investor. Only an accredited investor or a qualified purchaser is eligible for investing in these funds.

Who is an accredited investor? It can be an individual who owns at least $5 million in terms of assets or an organization that has a net worth of more than $1 million. Otherwise you can become an accredited investor in case you earn more than $200,000 annually and you can ensure similar income in future years.

And who is a qualified purchaser? If you or your business, a family-owned one, own investments worth $5 million (in the least), you may become an investor. Or if it’s a business with discretion in investments worth a minimum $25 million, it can invest in a New York hedge fund. A conglomeration of qualified purchasers forming a trust is also eligible as an investor in such a fund.

These are general conditions for qualifying as an investor in a hedge fund. Apart from these the state may impose its own regulations as well. It is best to check for all details before you become an investor in this type of funds.

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Nancy on May 27th 2010 in Investment