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August 4, 2008
Law Firm Electronic Resources Expenditures and Cost Recovery Survey Results for 2007
From Am Law's seventh annual law firm librarian survey (librarians from 94 of the Am Law 200 law firms responded):
| Electronic Resources excluding LexisNexis and Westlaw | ||
|---|---|---|
| 2007 | 2006 | |
| Average | $929,308 | $970,782 |
| Median | $592,375 | $406,659 |
| Westlaw Research | ||
|---|---|---|
| 2007 | 2006 | |
| Average | $1,998,674 | $1,681,399 |
| Median | $1,500,000 | $1,150,000 |
| LexisNexis Research | ||
|---|---|---|
| 2007 | 2006 | |
| Average | $929,308 | $970,782 |
| Median | $592,375 | $406,659 |
| Westlaw-LexisNexis Cost Recovery | ||
|---|---|---|
| 2007 | 2006 | |
| LexisNexis recovery is better. | 10% | 11% |
| Westlaw recovery is better. | 45% | 35% |
| They are about the same. | 42% | 48% |
| We don’t recover online charges. | 3% | 7% |
Additional survey results covering librarians’ responsibilities and the library’s budget, resources, and staffing reported in Competitive Advantage: Business Intelligence - Finding, Analyzing and Leveraging It - Reshapes the Role of Law Librarians. [JH]
August 4, 2008 in Electronic Resource, Firm & Corporate Law Libraries | Permalink
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