Records Retention Schedules

Records Retention Schedules

We assist businesses to develop legally defensible records and information retention schedules. The resulting schedules show a list of applicable record-keeping rules along with the regulatory authority, legal citations and prescribed retention periods for each record series.

The schedules help ensure that business records are kept a sufficient length of time to meet legal and regulatory obligations in addition to ongoing business needs. Each schedule is tailored to the client’s specific business needs, industry standards and regulatory environment.

Development of defensible retention schedules require legal research to discover and/or confirm applicable regulations. In addition to research, we also:

  • Review current records retention schedules and related documentation, if any.
  • Interview key representatives regarding business processes and priorities which may affect the retention schedule.
  • Distribute the drafted Schedule internally for review. 
  • Prepare recommendations for implementation of the schedule.