In a recent press release Joshua Edwards’s JB Reporting, Inc., the firm announced a 12.5% rate hike from $4.00 to $4.50. The expedite was a smaller jump of about 8%, from $6.00 to $6.50. The daily ends up being a phenomenal value, an increase of only 6% from $8.00 to $8.50. That’s under a recent October 2022 estimate of inflation, 7.7%.
Of course, my research says that court reporters should be making more in New York City. But perhaps there is something to be said about Joshua’s more moderate increase, picking a price point the firm can live with without scaring customers away.