Document Retention Policy

A document retention policy is a legal document that outlines an organization’s guidelines for creating, maintaining, and disposing of its records and documents. The policy typically specifies the types of documents that must be retained, the length of time they must be kept, and the procedures for storing and disposing of them. The purpose of the policy is to ensure that the organization complies with legal and regulatory requirements, preserves important information, and manages its records efficiently. A well-drafted document retention policy can help protect an organization from legal liability, reduce storage costs, and improve access to important information.