I had written a recent article about competing for contracts, and in that article, I got into a pretty detailed description about how to access public records. Succinctly, I believe that the more we talk about how to compete, and the more we facilitate an environment where people feel they can compete, the more competition we will see. This competition has a decent chance at spilling over into the most important competition of all: Attracting talent.
Ultimately, market share allows companies to have more power in negotiations with their reporters. If reporters feel empowered to seek work elsewhere, or even grab some market share for themselves, there’ll be more of a push to treat people well and attract reporters who are in it for the long haul. So if you have not read my article on inflation or accessing public records, I suggest you do just for the knowledge and experience.
That all said, I’m going to get into why I’m writing today. This has become a place for information to be given out. This has become a place for people to spread ideas. This has become a place for me to post a little piece of history. In or around 2010, Diamond had renewed its contract with the City of New York, the Law Department, or Corporation Counsel, and sometime later, I got a copy of that renewal. I also, at around the same point in history, was doing research on other companies’ public contracts, though I do not have them to post today.
To be blunt, per my interpretation, in 2010: The appearance fee was set at $26, the regular Law Department delivery was $3.65 per page, $5.20 per page for a rush, $5.75 per page for an overnight, $78 for a bust fee, $5.20 for a disk or CD ROM of the transcript, $5.20 for a compressed transcript, $5.20 for an electronic transcript, $5.75 per page for realtime and regular delivery, $7.30 per page for realtime and rush delivery, $7.80 per page for realtime and overnight delivery, $1.60 per page of rough draft, $78 for obtaining clearance to a prison, $130 fee for appearing at a prison, $21 for a multi-file disk.
Plugged into an inflation calculator, these 2010 dollars would be worth the following in November 2018: Appearance fee, $30. Regular Law Department delivery $4.21 per page, $6.00 per page for a rush, $6.63 per page for an overnight, $90 bust fee, $6 for a disk or CD ROM, $6 for a compressed transcript, $6 for an electronic transcript. $6.63 per page for realtime and regular delivery, $8.42 per page for realtime and rush delivery, $9 per page for realtime and overnight delivery, $1.85 per page of rough draft, $90 for obtaining clearance to a prison, $150 fee for appearing at a prison, $24.33 for a multi-file disk.
To be clear: This is ostensibly a contract for a large amount of work. This says nothing of what could be charged in copy sales to private plaintiff attorneys. Remember that there is no limit on what may be charged by a company on copy sale. Some reporters that get sent on contracts lose companies money, and that’s compensated for from the reporters that do not know to ask for more. Take an interest in your business, getting clients, and staying stable.
Recently I was informed that Diamond may have increased its rates to attract talent. This is an important development, and if true, wonderful news, a great move, and definitely something that reporters should consider in their negotiations and in how they coach student reporters.
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