Advantage Software’s Digital Lean…

I was pretty down on Stenograph for its heavy jump into digital court reporting, among other things. A reader submitted for my consideration this announcement of a partnership between LegalCraft / LEXEL and VIQ Solutions, the parent company of Net Transcripts and other digital-ish initiatives. Who’s LEXEL partnered with?

Advantage Software partnered with LEXEL.

Advantage Software will also be an exhibitor at AAERT 2023.

Perhaps the main lesson stenographers can learn from this is to withdraw trust from businesses. Corporations are basically wealth extraction machines. They don’t have loyalty. They want dollars. They all see the money being poured on digital and they want in.

Unlike Stenograph, I have not heard of Advantage’s support quality declining yet, so that’s a positive. But if you were someone like me that was thinking Advantage was squarely on the side of steno, then this was probably informative for you.

For the record, VIQ Solutions was mentioned on this blog a while back. It continues to bleed money while its stock declines, but that doesn’t seem to have stopped anyone from believing that dIgItAl iS tHe fUtUre.

VIQ Solutions stock price falling
VIQ Solutions Net Income of nearly negative $20M
VIQ Solutions propped up by financing?