Why keep a privilege log for your risk management department?
A privilege log is a document that lists privileged, confidential information that a party withholds from disclosure based on possible or actual litigation, whether currently or in the future. Risk management privilege logs can be beneficial in several ways:
- Protection of Privileged Information. - By creating a privilege log, an organization can protect confidential or 
 sensitive information from disclosure during litigation. The privilege log
 can identify the specific documents ordatan that are subject to
 privilege, making it easier to manage and protect this information.
- Failure to create a privilege log may result in a Waiver of Privilege. A 
 Waiver of Privilege is a failure to properly identify and withhold
 privileged information subjecting the information to the legal discovery
 process during litigation. This means that the information may be
 disclosed to the opposing party and potentially used against the
 organization during litigation.
 
- Strategic Advantage and Disadvantage. - A privilege log can also be used as a strategic tool during litigation. By 
 identifying the specific documents or information that are subject to
 privilege, an organization can give its attorneys a better understanding of
 the strengths and weaknesses of their case and make informed decisions
 about which information to disclose and which to withhold.
- A significant disadvantage of not having a privilege log is that the 
 the organization may not have a clear understanding of the strengths and
 weaknesses of its case, putting them at a strategic risk during litigation
 from being unable to make informed decisions about what information to
 disclose or withhold.
- An order by the Court disallowing privilege on a document may place 
 the organization and brand at risk depending on the information
 contained within the document and a compensable risk to the legal
 litigation outcome.
 
- Cost Management. - A privilege log can help decrease production costs by decreasing search 
 and research times for targeted items during the discovery process. This is
 because the privilege log allows an organization to identify and withhold
 privileged information more efficiently, reducing the number of documents
 that need to be reviewed and produced.
- Without the organizational benefits of the privilege log, a loss of control 
 over the production process may decrease available resources that could
 be placed toward process improvement activities, risk assessments and
 mitigation strategies, and safety programs.
 
 
                        