A method and system for providing transcribed voice content in a human-readable format during an on-going teleconference is provided. In the method, a first terminal engages in an on-going teleconference with a second terminal. During the on-going teleconference, the second terminal is operable to communicate voice content. Sometime during the on-going teleconference, the first terminal may invoke a transcription service for transcribing the voice content into a human-readable notation. After being invoked, the transcription service transcribes the voice content into the human-readable notation and forwards it to the first terminal. After receiving the human-readable notation, the first terminal is operable to display the human-readable notation.