A transcription service is a business which converts speech (live or recorded) into a written or electronic text document. Transcription services are often provided for business, legal, or medical purposes. The most common type of transcription is from a spoken-language source into text such as a computer file suitable for printing as a document such as a report. Common examples are the proceedings of a court hearing such as a criminal trial (by a court reporter) or a physician’s recorded voice notes (medical transcription). Some transcription businesses send staffs to events, speeches, or seminars, who then convert the spoken content into text. Some companies also accept recorded speech, either on cassette, CD, VHS, or as sound files. For a transcription service, various individuals and organizations have different rates and methods of pricing. That can be per line, per word, per minute, or per hour, which differs from individual to individual and industry to industry. Transcription companies primarily serve private law firms, local, state and federal government agencies and courts, trade associations, meeting planners and nonprofits.