DepoDirect, a virtual legal event platform for law firms and insurance companies, today announced the release of its AI transcription tool, DepoScribe. DepoScribe will enable users to quickly generate legally formatted rough transcripts in half the time.
DepoScribe is part of DepoDirects’s expanding virtual legal services portfolio, which includes a best-in-class solution for online deposition services and the educational resource, the DepoDirect Academy.
DepoScribe users can directly upload their audio files, identify individual speakers and generate formatted rough transcripts with Q&A, Colloquy, and appropriate local formatting for all fifty states using DepoDirect's purpose built AI speech to text algorithm. It’s simple workflow and accessibility will ensure transcribers of all size and in every region can benefit from DepoScribe’s increased efficiency and cost savings.
"DepoDirect is continuing to push innovation in legal tech through AI and virtual services,” said Michael Cantrell, Head of Product at DepoDirect. “DepoScribe is an easy to use software solution that will cut transcription time in half and allow transcribers to take on more jobs in the same amount of time."
“Legal transcribers are a highly underserved segment of the legal industry in terms of legal specific technology,” said Todd Seligman, DepoDirect CEO. “In the same way Chat-GPT allows people to no longer have to write from a blank page, DepoScribe.ai allows legal transcribers to not just transcribe from a highly accurate AI draft, but one that’s legally formatted.”
DepoScribe will debut at the The American Association of Electronic Reporters and Transcribers in New Orleans this month.
DepoDirect is at the forefront of digital litigation support, recently having established a technology partnership with Zoom and servicing legal and insurance clients nationwide. Co-founded in 2021 by digital deposition veterans Todd Seligman and Alex Loverde, DepoDirect has quickly become the world’s most innovative online deposition platform and in 2022 closed an initial $2 million funding round receiving backing from well-known venture capital firms Okapi Ventures, ffVC and First Mile Ventures along with the venture fund of Cooley LLP, a well-recognized AmLaw 100 law firm.
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