Today's issue of TL NewsWire covers a high-tech court reporting service (see article below), a new Microsoft technical support site, and ipad document management app, an email marketing utility, and a web analytics service. Don't miss the next issue.
Court Reporting Goes High Tech for Less Money
Court reporting companies once consisted of mom and pop shops that competed by giving lawyers gifts like invitations to swanky holiday parties and hot tickets. I know because as a young litigation associate I once got the plumb assignment of sending requests for proposals to these companies for a multi-defendant litigation that would have required 60 or so depositions had it not settled for $60 or so million. Of course, I tried not to let all the attention influence me, but back then these companies didn't differ from one another all that much. The times have changed. Increasingly, court reporting companies now offer their own technologies rather than gifts to give them an edge.
Silk Deposition Services … in One Sentence
Silk Deposition Services is a litigation support company that focuses on developing proprietary technological solutions and services for the legal community, with a specific emphasis on reducing costs.
The Killer Feature
Many court reporting services charge per page. With the help of an advisory board of litigators, Silk developed a new format for transcripts that increases the density of words on each page while improving readability over standard transcripts, resulting in a savings of 20-25% per page versus its competitors, according to the company. Silk also provides many complimentary services, including customizable binding options and a deposition CD loaded with the transcript in all the common formats.
"In today's very challenging economic climate there's no reason for a law firm of any size to throw away money on litigation costs," Silk Deposition Services Senior VP of Business Development David Kennedy told us. "Our clients tell us that our Silk transcript format reduces their costs while providing a quality product. They love it."
Other Notable Features
Silk offers a number of other deposition technologies. For example, the company can summarize your transcript for you at a lower cost than hiring a contract paralegal (plus it's a hard cost that you can bill to clients). Its WIN Depo technology creates a secure WiFi network (if none exists already) in the room in which your deposition takes place, enabling you to access the Internet and take advantage of realtime services.
SilkWeb is an online repository in which Silk securely stores all your transcripts at no extra charge. SilkWeb also provides tools for color coding and annotating transcripts as well as sharing work with third parties. You can also schedule depositions, view your upcoming and past depositions, and download invoices. If you have a deposition in New York but don't live there, the "Sleep N' Save" feature enables you to book a hotel room as part of a package deal (Silk Deposition Services has arrangements with several hotels at special rates).
What Else Should You Know?
Silk Deposition Services offers its court reporting services on three continents with offices in New York City, London, and Israel. In the United States, it has court reporters in all major metropolitan areas. Learn more about Silk Deposition Services.
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