5 reasons lawyers trust Philips SpeechLive for transcriptions

Philips SpeechLive is trusted by lawyers because its automated transcriptions are 7x faster than typing. This gives lawyers more time to focus on high-value work, and increase their billable hours.

Most businesses in the professional services industry could benefit from speech recognition software, specifically automated transcriptions, which are 7x faster than typing.

But in the legal sector, Philips SpeechLive can not only be a time saver; it can be a money maker, too. Our clients report saving 3+ hours per day on documentation- up to 15 extra billable hours every week.

That’s just one of the reasons SpeechLive is trusted by lawyers for transcriptions. Let’s look at a few more…

Philips SpeechLive eliminates the need for repetitive manual transcriptions

Legal professionals are constantly having to worry about manual note taking and transcriptions. It’s a repetitive burden that can take up a great deal of time, and that’s time that could otherwise be spent on more high value work.

One solution, at least historically, has been outsourcing those transcriptions to a third party- which is effectively just swapping one cost for another cost. Ultimately, it doesn’t matter how fast third party transcription companies purport to be. With a speech recognition platform like Philips SpeechLive, all your transcriptions can be done in-house, automatically.

This will not only allow you to increase your billable hours, but you could also avoid losing clients due to admin delays by keeping up with the tech of your competitors. Speech recognition software is becoming more and more the norm in the legal sector, so clients are expecting a fast turnaround.

Trained on industry-specific vocabulary

One of the reasons legal professionals might be wary of trusting speech recognition software with their transcriptions is because there tends to be a great deal of complex legal terminology in legal documentation. The last thing a lawyer would want is for their automated transcription to descend into gibberish as soon as there’s any jargon.

Fortunately, Philips SpeechLive is trained specifically on industry-specific vocab. It’s unlikely to be stumped by jargon, meaning you can trust it with even the most complex- and important- documentation.

Work from anywhere

The professional world is a lot more remote than it used to be, and the legal sector is no exception. Many legal professionals are required to take notes on the go, and if they’ve got consent to record their meetings with clients, they may need to transcribe these meetings manually (or via a third party) when they’re back at their office.

With SpeechLive, they can instead trust the platform to instantaneously transcribe their conversations. This not only helps them stay focused on what their client is saying, but can also avoid pauses in the conversation that might have been necessary if they were manually taking notes.

Integrate Philips SpeechLive with your case management systems

Legal professionals are typically responsible for vast volumes of documentation, all managed via various systems. SpeechLive can be directly integrated with these platforms, which can:

• Reduce manual data entry
• Streamline legal professionals’ workflow
• Ensure that records are both accurate and organised, minimising the risk of mix-ups or inaccuracies

Philips SpeechLive can reduce the risk of human error

By reducing the pressure inherent in manual transcriptions and streamlining the entire process, SpeechLive can also reduce human error- and, in turn, reduce the risk of legal repercussions due to said errors. For legal professionals, whose bar for compliance is markedly high, this can be a huge weight off their minds.

Conclusion: 5 reasons lawyers trust Philips SpeechLive for transcriptions

If you work in the legal sector, your workload is likely hectic. With Philips SpeechLive, you don’t need to manage it all by yourself anymore. The platform can be seamlessly integrated with your existing systems, allowing you to swiftly reap the benefits of speech recognition software, the main benefit being increased billable hours.