Investigations are an unfortunate fact of life for most corporations. To better understand this intricate landscape, H5 partnered with Above the Law to conduct a survey that would take a closer look at the principal actors involved in corporate investigations and their perception of the ways in which such matters are handled within their companies.
Find out what the pros think.
Survey Highlights below.
Nearly half of respondents said their companies face more than 50 investigations annually, with 14% saying 250+
A private or public complaint by a consumer/employee/competitor (45%)
Routine internal audit (17%)
Proactive monitoring of network traffic to identify non-conforming behavior (14%)
A whistleblower action (12%)
An anonymous tip via hotline (7%)
A manager or Board member learns of impropriety or anomaly in business practice (5%)
Going up?
63% of those surveyed said investigations will increase over the next three years.
Proactive Data Monitoring
More than two-thirds of respondents (67%) said their companies monitor networks and data to identify potential wrongdoing.
ESI Collections
Nearly 60% of respondents said that for their number 1 ranked investigation type, more than 100GB of data is collected.
Cost of the investigation
Reputational damage to the business
Potential cost of damages or fines
Potential disruption to the business
We asked respondents to select their 3 top areas of spend. 86% said Outside Counsel Costs, 59% said Analytics Technology, 53% said eDiscovery service provider costs.
Email us: info@h5.com