It is said that transcription service industry is one of the leading industries in the world and this particular industry has a lot of potential to grow. Those who are in this industry are pretty satisfied with their profits and are hopeful that they will earn more in the coming years. And it’s a fact that these transcription companies will earn a lot in next couple of years. According to a research, there are around 14 million transcribers currently working in US only. There are thousands of transcription companies that are providing transcription services to various businesses, organizations and companies.

Although not all the businesses and organizations need transcription services, but still there are hundreds of industries that need these services almost on daily basis. Medical and legal transcriptions are two major and biggest clients of transcription companies. When it comes to outsourcing transcriptions to a third party or an expert company, most of the businesses feel reluctant. No one is sure that whether it’s a good idea to do transcription in-house or to outsource it. Let’s have a detailed look at both types. Read the rest of this entry »