Global law firms operating within commercial litigation and international arbitration often have the need to outsource litigation support services to external providers for a number of reasons. The key reason why law firms outsource litigation support services is to ensure that they focus solely on the case and let reliable service providers handle elements that can be time consuming and require administrative element during on-going litigation. Legal transcription service is among some of the frequently required services by law firms. Legal transcriptions are required during court proceedings, arbitration hearings and legal hearings, witness interviews and during investigations. Before jumping into the benefits of legal transcription services, it is essential to understand what is legal transcription and how is it performed.
What is legal transcription service?
Legal transcription service is the process of transcribing an audio/video and preparing a written transcript by listening to the audio. The sole purpose of legal transcription service is listening to the audio and converting the audio into a written transcript. Within the legal industry, legal professionals rely on litigation support service providers to provide this service. With their busy schedule, lawyers hardly have sufficient time to go over audio/video files to gather evidence or prepare for their case therefore they ideally require such audio files to be transcribed. With the help of such transcripts, lawyers are able to skim through the transcripts which is less time consuming as compared to listening to lengthy audio files. Legal transcripts are prepared by specialist legal transcribers who are well-versed in legal field and have great audio/visual skills to transcribe speech into text. At LingArch, we understand the importance to preparing accurate transcripts for our clients therefore we only engage with experienced legal transcribers that are able to deliver accurate transcripts at any given time.
How are legal transcriptions utilized by law firms?
Law firms working on litigation matters rely on keeping exact records of what was discussed during court proceedings. Lawyers require legal transcription services for developing trial plans as well as for creating plans for appeals. Legal transcripts are also used to have a better understanding of the jury’s decision as well as reviewing transcripts of past cases which can help lawyers under legal precedent within a certain legal dispute. The use of legal transcription service has now become a norm within the legal industry as millions of cases that are being heard in the courts are transcribed. With the help of legal transcription services, legal professionals are now organized, have accurate information in hand which significantly improves their chances of positive outcome on their respective cases.
Benefits of legal transcription services to law firms
There are numerous reasons why international and boutique litigation law firms use legal audio transcription services. One of the main reasons is for having increased efficiency during document review process and have easy access to the information that is required. Transcripts are best format for the attorneys as they are in written format and have allocated time coded stamps. Any essential information within the transcripts can be highlighted which adds further efficiency in the entire review process. Highlighted information can be reused as and when it is required which saves time. Legal transcription services when handled properly can bring in variety of benefits to law firms which are mentioned above. Legal transcripts when properly stored or organized can help law firms locate the information on a case whenever required to be used.
The future of legal transcription services
With the passage of time, technology has changed the overall landscape of how organizations operate currently. Global organizations have started investing in technology and implementing in smart solutions to increase efficiency at workplace and reduce costs to boost profits. Within the legal transcription industry, technology has played a key role with organizations researching and developing software that rely on artificial intelligence. Current trends are focused on creating advanced software that can detect audio and transcribe speech into text using various algorithms. With the evolution of modern technology, law firms have now started using software which can convert audio recordings into transcripts which can be converted in different file formats and then stored on a secured device or in the cloud.
In present times, legal transcription services can be relied on highly sophisticated digital transcription platforms that are able to quickly transcribe audio as well as equipped with spelling and grammar checks to provide law firms with quick and accurate transcription services. Artificial Intelligence within transcription service industry is expected to grow from 2016 – 2025.