Are you looking to outsource legal transcription, but you need convincing first? This article will discuss the benefits of getting such a service.
Businesses always talk about outsourcing their services, but what does that mean?
Outsourcing refers to the process wherein an external provider provides the service. That means you are hiring a specialized team to do specific jobs. It’s like having an extension of your business.
People outsource their services for a myriad of reasons. The most common cause is that they want to save money yet be productive. Hiring a BPO company allows your other employees to focus on their core competencies.
Meanwhile, transcription is the act of transcribing. It’s writing down information from spoken word or audio files.
So what is outsourcing transcription? It means you are hiring a dedicated team to handle transcribing. It’s a service that offers a high-quality transcript for an affordable price.
Legal transcription outsourcing means sending your firm’s recordings (witness interviews, recorded statements, hearing audio, client and expert meetings) to an outside team that returns accurate, formatted transcripts for your attorneys to review. Magellan’s legal transcription services page covers what that includes.
Let’s face it, lawyers and legal practitioners have a lot on their plate. They even work after working hours and on weekends most of the time. So hiring a company to help you with your legal transcription needs is necessary.
Outsource Legal Transcription Benefits
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Helps You Increase Productivity
Legal transcription helps multiply your business productivity. It eases the workload of employees and increases your capability to take on more clients. It eliminates multitasking. People can also focus on their skills and competencies even more now. For most firms the real gain is attorney and paralegal time: every hour not spent typing up an interview goes back to billable work.
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Gives You Access to Experienced Legal Transcriptionists
An outsourced team transcribes legal recordings every day, so speaker labelling, legal terminology and your firm’s format become routine rather than a learning curve. Every transcript is checked against the audio before it comes back, and passages that can’t be heard are marked with a timestamp, not guessed at.
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Reduces Costs
The principal upside of outsourcing is cost. The economic difference between the two countries helps decrease the service’s price. It also helps save fees on utility and labor expenses. Philippine delivery runs 40–60% below onshore staffing.
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Business Continuity Planning
An in-house transcriber is a single point of failure: when they’re sick, on leave or gone, the recordings wait. An outsourced team keeps working. Magellan runs continuous data backup with off-site copies, a co-location plan with a backup center outside a 10-mile radius, and power-blackout protection, so work on your matters doesn’t stop when circumstances change.
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Eliminate the Need for Temporary Staff
Temporary transcribers have to be found, briefed and checked every time volume rises. A managed transcription service absorbs a heavy week without a hiring decision, with turnaround committed up front rather than dependent on who is available.
What Outsourcing Doesn’t Replace
Outsourced transcripts are working transcripts for your team. Where a certified transcript of a deposition or court proceeding is required, it comes from the court reporter. And attorney dictation (a letter or memo dictated for typing) is a different service, handled as part of legal document and word processing.
For a fuller picture of how firms outsource legal transcription, practice area by practice area, see legal transcription outsourcing for U.S. law firms.
Looking for a Legal Transcription Outsourcing Company?
If your firm has recordings waiting, the next step is a short conversation about volume, format and how files will be exchanged. Legal transcription services has the full capability list, or contact us directly.
