Transcription is usually defined as a copy of recorded matter which can be written in longhand or can be typed on a computer. When classified broadly, the transcription services fall under the following categories:
Generally no formal training is required to become a transcriptionist unless or until you are dealing with medical transcription. In this field, the dictation made by the doctors regarding their patient status and about the treatment procedure is transcribed and hence it required good knowledge of the medical field.
In developing economies such as India, transcription has tremendous growth potential. A person having good knowledge of English can enter this field irrespective of the age group to which he belongs. Any recording, either audio or video, can be transcribed into a word document with the help of different software which are easily available nowadays.
Transcription being an outsourcing business has gained immense popularity in the past few years. People all over the world are well versed with the importance of data availability in different formats. Businessmen who lives in developed countries find outsourcing transcription a cost effective method and it is one of the most convenient ways for them to maximize their output while reducing their operational cost.
The transcription industry is growing at a faster rate because of the increase in demand as well as the capabilities of the Indian companies to offer quality services. This sector can grow further as a large number of firms from abroad are outsourcing their important work to India. India being a developing country offers quality services at lower costs when compared to developed countries therefore foreign firms tend to contact Indian businesses.
Indian professionals have good working knowledge about English and hence remain in demand for the outsourcing business. Legal professionals are also in demand in this industry as they can handle different issues related to patent filings, litigation support, patent proofreading and drafting legal reports with ease.
People can work from home or can even start a transcription company. A lucrative business venture, transcription company can also become a part of the existing business. The pricing of the services offered by a firm generally depends upon the written words or audio minute/hour. Along with transcription services, the company can also offer different services such as article writing, proofreading or editing.
An efficient transcriptionist must possess good typing speed, impressive spelling and grammar skill along with good listening capabilities. He is also required to have a computer with high speed internet connection in order to do his work conveniently. Transcriptionist’s typing and listening skills are sharpened by transcribing files at regular intervals and he also gets an additional benefit of learning about new topics.
However while working on a project, transcriptionist may also face some problems such as difficulty in following accent, audience interaction, poor sound quality or various speakers talking simultaneously. These disturbances can significantly reduce the quality of the work; however, over a period of time, the transcriptionist can learn to deal with such issues. So if want to earn some extra money while staying at home, transcription outsourcing is the best business to do.
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Complexity of legal documents is well known as it can have an effect on the court proceedings. Therefore if you wish to avail Verbatim Transcription services for law firms, get in touch with our professionally qualified transcribers as they offer accurate and timely services. Visit verbatimtranscription.net/legal-transcription.html
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