Law Libraries to Feel Budgetary Pinch in 2012, Says New Report

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PRESS RELEASE (key information in bold):

Research and Markets: Law Library Benchmarks, 2012-13 Edition – Print Subscriptions to Magazines and Newspapers Cost Libraries A Mean Of $68,998 In 2011

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/nzfks6/law_library_benchm) has announced the addition of the “Law Library Benchmarks, 2012-13 Edition” report to their offering.

The study looks closely at the budgets, spending, technology acquisition, web use and other practices by law libraries in the USA and Canada. Data is broken out by size and type of law library and for law libraries in the USA and Canada.

Just some of the study’s many findings are that:

- 50% of libraries in the United States and 30.43% of those in Canada feel that the space allocated to their library will decrease in three years time.

– Libraries in the sample spent a mean of $3,462 on online databases per lawyer employed in 2011 and a maximum of $20,835. Libraries in the United States spent a mean of $3,883, while those in Canada spent about $2,647.

– In 2011, 41.33% of libraries in the sample increased their overall library budget.

- Materials budgets are expected to decline in real terms in 2012.

This report closely examines trends for law libraries in materials spending, technology purchases, personnel and space allocation, web use and other issues. The study presents detailed data on spending on journals, books,newspapers and magazines, print reporter, eBooks, online databases and other information vehicles, as well as data on salaries and overall budget, in aggregate, and as a percentage change from prior years. Data presented on the extent of materials spending accounted for by print resources and plans for both print resource and digital resource spending for the future.

The study also covers policies on cost recovery of online database expenses, giving detailed information on charge backs and the extent to which clients pay for online searches, with data for both external and internal clients of the library, as well as data on how the policies governing these charge backs have changed in recent years, or may change in the future.

For more information visit http://www.researchandmarkets.com/research/nzfks6/law_library_benchm

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