When it comes to handling word indexes, does your agency fall under one of the following categories?
If you answered “#3,” then you could be vulnerable to lawsuits unless your rate sheet fully discloses your billing policies concerning word indexes.
This is already happening to other firms. Several class action lawsuits are pending in federal courts that contend that court reporting firms are padding their bills by charging full per-page prices for word indexes without full disclosure.
Here are my observations as to why it will be difficult to justify the practice of charging full price without disclosing that up-front:
I recommend that you go for peace of mind with full disclosure even though it might hurt your bottom line. Include word indexes for free with condensed transcripts, and use that as your marketing edge. You’ll be more attractive to clients and less attractive to lawsuits.
February 16, 2010. Posted in Best Practices, Industry news. Tagged Best Practices, court reporting, lawsuit, transcripts, word indexSure you have a lot on your plate, but leave room for your salad.
A blog for owners & managers of litigation support businesses by an expert on using technology to improve your profitability, efficiency and effectiveness in a unique marketplace.