The Bubble Beneath the Record – A Financial Crisis in Court Reporting Is Coming

A financial bubble is forming beneath the court reporting industry. Private equity markups have pushed attorneys toward cheaper “alternative” record methods, but those substitutes fail evidentiary standards and are beginning to collapse under legal scrutiny. As reporters reject unsustainable rates and attorneys realize uncertified transcripts don’t hold up in court, the industry is nearing a correction. The record cannot be commodified—and the bubble will burst.

Why Transcript Correction Disputes Are Rising — And Where the Problem Originated

Certified court reporters are seeing a rise in large-scale transcript correction requests, but the issue is not declining reporter skill. It stems from the increased use of digital audio and ASR-generated transcripts being treated as equivalent to stenographic reporting. Once attorneys began comparing transcripts with software tools, the inconsistencies became clear. Accuracy starts at the point of capture, and the method matters.

The Court Reporting Industry Faces Structural Stress

The court reporting sector is showing signs of structural stress after years of private-equity consolidation and rising interest rates. Higher transcript costs and declining reporter compensation have prompted some firms to explore lower-cost recording methods, though many of these alternatives face evidentiary and certification limits. As labor supply tightens and compliance standards remain unchanged, the market appears to be shifting back toward models emphasizing reliability and credentialed recordkeeping.

When a Video Is Played in Court – How to Handle, Certify, and Communicate It Professionally

When an attorney asks you to “take down” a video played in court, your authority comes from Rule 2.1040(d)—not the attorney. Always obtain a court order, mark the playback as a “transcription of an electronic recording,” and certify it separately. This protects your license, the record’s integrity, and your professional credibility while keeping the attorneys—and the judge—happy.

Court Reporting is the $35,000 Investment That Can Yield Millions

Court reporting may be the smartest career investment few people talk about. For about $35,000 in education, reporters can earn anywhere from $45,000 a year on average to $500,000+ at the top of the field. That’s a lifetime income range of $1.35 million to $15 million. Even at the low end, the ROI far outpaces most college degrees.