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Court Reporting Services in the US
IBISWorld, July 2009, Pages: 31
This industry comprises establishments primarily engaged in providing business support services (except secretarial and other document preparation services; telephone answering or telemarketing services; private mail services or document copying services conducted as separate activities or in conjunction with other office support services; monetary debt collection services; and credit reporting services). Included in this industry are establishments primarily engaged in repossessing tangible assets (e.g., automobile, boats, equipment, planes, furniture, appliances) for the creditor as a result of delinquent debts. Repossession services comprise of adjustment bureaus and recovery and repossession services, which includes establishments primarily engaged in the collection or adjustment of claims other than insurance. The industry also includes court reporting and stenotype services and business services not elsewhere classified (n.e.c.). The former comprises establishments primarily engaged in providing verbatim reporting and stenotype recording of live legal proceedings and transcribing subsequent recorded materials. These establishments furnish secretarial, typing, word processing, resume writing, and court reporting services. All other business support services comprises establishments primarily engaged in furnishing business services, not elsewhere classified (n.e.c.), such as auctioneers establishments (service only), business brokers, drafting service, independent lecture bureaus, inspection service, printing brokers, notaries public, and shop window decoration or trimming, on a commission or fee basis. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are three year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Legal eagles legalese made easy
Demand and revenue of the court reporters segment in this growth industry is expected to be strong, driven by a rise in litigation and from technological changes that will continue to provide diverse opportunities across a range of industries. Overseas competition could pose a threat, however, as some client industries seek to lower costs by using skilled, lower labor cost employees with excellent technological skills from English-speaking countries, such as India.
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