Transcription

US$50,000.00

Overview:

Transcription involves listening to audio or video recordings and converting them into accurate written documents. It’s widely used in industries like medical, legal, business, and media.

Types of Transcription

  1. General Transcription
    • Converts interviews, meetings, podcasts, or lectures into text.
    • Requires clear listening and accurate typing.
  2. Medical Transcription
    • Transcribing patient records, medical reports, or doctor dictations.
    • Requires knowledge of medical terminology and HIPAA compliance.
  3. Legal Transcription
    • Transcribing court hearings, depositions, or legal proceedings.
    • Requires familiarity with legal terminology and formatting.
  4. Verbatim Transcription
    • Includes every word, filler (uh, um), and non-verbal sounds.
    • Used in research, media, or legal contexts.
  5. Edited / Clean Transcription
    • Produces a polished, readable document without filler words or stutters.

Skills Required

  • Excellent listening and comprehension.
  • Fast and accurate typing (typically 60–90 WPM or higher).
  • Familiarity with transcription software (e.g., Express Scribe, Otter.ai, Rev).
  • Good command of grammar and punctuation.
  • Specialized knowledge for medical or legal transcription.

Typical Pricing

1. Per Audio Minute

  • General: $0.50 – $1.50 per minute
  • Medical / Legal: $1.00 – $3.00 per minute

2. Per Hour of Audio

  • General: $30 – $90 per audio hour
  • Specialized (medical/legal): $60 – $180 per audio hour

3. Hourly Rate

  • For ongoing transcription projects: $15 – $40 per hour

Factors Affecting Pricing:

  • Audio quality (background noise, multiple speakers)
  • Industry specialization (medical, legal, technical)
  • Turnaround time (rush projects cost more)
  • Verbatim vs. clean transcription