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Financial institutions sometimes enter into litigation over regulations that control their operation. Sometimes, noncompliance with these regulations (even accidental noncompliance) causes lawsuits. These lawsuits are usually large because of the number of documents involved.
Those performing the document review should have both legal and financial background, whether through schooling or experience. They also must be up to date on the latest regulations and governing rules.
Those performing legal staffing jobs for financial institution litigation will often review, index and otherwise handle all types of documentation, including Word documents, Excel documents, PowerPoint documents, PDF files, HTML files, and image files. Previous experience with these forms of technology is a must. These law professionals should be trained to look for discrepancies in discovery documents and to organize and review disclosure documents.