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Legal transcription is the process of converting audio recorded dictations into text relating to law and courts.
Transcription process involves recording dictations and then typing out these recorded dictations using word processors such as MS Word or WordPerfect.
A transcription is said to be legal transcription if the subject matter is of legal nature. Legal transcriptions are required by law firms and solicitors on a daily basis. Legal transcripts may include court proceedings, normal correspondences between law firms and their clients, between law firms and other parties, witness statements, memos, etc.
Examples of legal transcription are letter transcription, correspondence, wire tap transcription, reports, briefs, court proceedings, letters or regular recordings.
Legal transcription services are usually outsourced to a legal transcription company by law firms and solicitors. The legal transcription company may or may be located within the same country as the law firm.
Law firms usually outsource their legal transcription work to companies located in third world countries as they charge lower rates with same or better quality and efficiency. India and Philippines have become a favorite for US and UK law firms to outsource to because of low cost and their “English” education systems.
How much do legal transcription companies charge?
Transcription companies usually charge anything between $.50 to $3 per audio minute, depending on several factors like:
- Number of speakers
- Quality of recording/dictation
- Turn around time – whether urgent or not
- Type of payment they agree to with the law firm: Whether payment is on monthly basis or lump sum.
- Whether research is required or not
Law firms benefit from such outsourcing legal transcription companies by saving time, money and resources in the short and long-term.
A more cost effective business arrangement is to hire freelance transcriptionists and pay them by the recorded audio hour.
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