Legal Transcription Companies in the US – Make the Right Choice

Legal transcription outsourcing has become the need of the hour. Lawyers, attorneys, law companies and other legal professionals / entities increasingly choose to entrust the transcription jobs to a reputable transcription company to save labor and time. These companies transcribe various legal reports such as legal letters, court proceedings, client letters, reports, court transcripts, arbitration’s, interrogations, legal pleadings, trials, and general correspondence.

How to Choose the Best Legal Transcription Service Provider

There are a number of legal transcription companies in the US that provide legal transcription services. However, to choose a competent and dedicated company from among the vast number of service providers is a big challenge. There are certain factors you need to consider when hiring a transcription company.

The first and most important point to check is the credibility and reputation of the firm. Taking feedback from the existing clients of the firm can prove to be helpful in determining this.

Most transcription companies provide a free trial of their services. This is the best way to get a firsthand experience of their services. During this free trial you should check the following:

• Infrastructure
• Accuracy of final draft
• Turnaround time
• Promptness and responsiveness of the staff
• Professionalism and skill of the staff
• Whether they have excellent measures to safeguard confidentiality and security
• Dedication towards customer service

This would surely provide a basic idea as to the working process and the level of commitment of the staff and the company as a whole.

What Are the Qualities That Legal Transcription Companies Should Possess?

When it comes to accuracy, nothing below 99 percent is acceptable in this regard. Hence, it is inevitable for any firm to employ the best staff to get accurate results. Apart from this, to enhance performance of their staffs, most reliable firms impart training sessions to keep them updated with the changing demands and expectations of their clients.

Also, a three level quality assurance check of every document has become the rule. To get the best, most accurate and error-free output these companies are recruiting professional proofreaders, editors and transcriptionists to review the documents. Only after a document is approved at all the three levels, it is handed over to the client.

It is equally important to maintain the security of the legal documents. No compromise is acceptable when it comes to confidentiality and security. So it is the responsibility of the company to adopt the required measures for ensuring complete security and privacy for client data.

Apart from this, the legal transcription firm should also provide:

• Affordable and competitive rates
• Quick turnaround time
• Convenient dictation options (toll-free number/digital recorder) according to client preference
• Facility of electronic signatures
• 24/7 customer support and technical assistance

Considering the above guidelines when choosing an outsourcing partner from among the numerous legal transcription companies in the US will help you find the right firm. It is advisable to go for a provider that has facilities in the US and offshore, if you are looking for affordable services and round-the-clock service.

Know How Prepaid Legal Services Provide Chances to Make Money Online

The growth in legal services displays the high demand associated with finding legal assistance. The growth of the demand for legal action in resolving a variety of circumstances has placed a huge strain on the legal system. As a result of this strain the court system is looking for quick results found in attorney supported clients over the self representation methods of the past.

For those individuals who seek legal representation in cases against those who do not, the odds are in favor of the attorney supported client. It is because of this advantage that the importance of locating a legal representative to perform in court is even more important.

An opportunity in the legal industry exists for it to advance due to the increasing costs associated with retaining an attorney to represent you in legal proceedings. It represent the newest cost effective method of finding legal services for an individual. It act in the same way that prepaid insurance does in that you are not purchasing it for now but as a preventative measure for future events. Like with the medical field the simplest of legal procedures can cost thousands of dollars and this fee is removed when you utilize the monthly fees associated with prepaid legal.

Many individuals may not feel they require legal services but the fact is that all individuals require legal advice at one time or another and chose to do it on their own rather than pay for professional legal advice. Legal proceedings often involve long and complicated procedures that do not benefit the inexperience of an individual looking to represent themselves.

The affordable rates associated with it can provide you with all the legal services you will ever need. If you desire to take the preventative measures associated with prepaid legal then they can help with simple preventative procedures like legal advice and the preparation of a Will.

If you get in a car accident or ticket trouble your prepaid legal services cover legal assistance from experts in the field of vehicle law. The low prepaid legal fee also covers trial defense, a service that most individuals never feel they will ever need but are grateful to have when the occasion arises.

In addition to capturing the services of it there also exists an opportunity to make money. As you have seen the power of prepaid legal services is very marketable since every individual can benefit from this low monthly expense.

A commission is available to any individual who would like to make money by offering this fantastic opportunity to others. Depending on your desire to make money this opportunity can be a small source of additional income or represent your new home business, escaping the pressures of the various business industries.

Do You Measure Up? Proving That Legal Departments Are More Than a Cost Center

General Counsel (GC) across most industries remain under pressure to operate efficiently, cut costs and maximize existing resources. In order to properly measure just how successful a Lawyer is operating today under these mandates, it is vital that in-house legal teams have a system of metrics and measurements in place. By measuring efficiencies, GCs can demonstrate their value to the organization and can provide proof points that help their legal department gain the trust and respect of company executives.

Are GCs on board?

In a recent survey, GCs were asked, “Do Metrics Provide a Useful and Accurate Measure of the Legal Department’s Value to the Business?” In response, 66% of General Counsel (GC) said that metrics do not provide a good measure of the legal department’s value. Additionally, most GCs reported that they do not use metrics to assess the legal department’s performance (58%), and they do not believe that metrics assist in analyzing the legal department’s value (66%).

Measuring cost vs. value

Why? When considering Conferences metrics generally, they are most often designed to measure only the legal department’s cost to the organization, rather than the department’s value. For example, the most common metrics in legal departments are:

* Legal expenses as a percentage of corporate revenue

* The cost of outside counsel

* Internal Legal Process Outsourcing department costs

* Cost per matter

* Average billing rate

It’s easy to see that these metrics are more about cost than value. To accurately capture value, a legal department needs to tell a complete and balanced story and show not simply the dollars being spent by a Lawyer, but how much that department has saved the organization from spending or losing. There are a number of methods to measure both the tangible and intangible value of a legal department. Here are a few:

* Feedback from client surveys that focus on quality of service, efficiency, commerciality and communication

* Assessing matter success rates

* Calculating dollars saved by negotiating better rates or AFAs with outside counsel

* Documentation of the where the LPO team added commercial value in a matter

* Tracking of the actual risks that were avoided

* Tracking the cost of internal legal resource against external hourly spend

* Regular reports to the business and/or board of directors

Going back to the aforementioned survey, most GCs believed their in-house legal teams were viewed as both legal counsel and strategic business partner. In fact only 19% reported that their in-house teams were seen purely as legal counsel. This demonstrates that GCs are being asked to play a greater strategic role in their organizations. It also reinforces the need for GCs to use metrics to prove value. As we approach mid-year, GCs will likely continue to search for new ways to heighten the efficiency of their departments, while working steadily to provide more value to their organizations as strategic partners.

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