American Lawyer Media Legal Intelligence released the 2013 Law Librarian Survey data earlier this week.
Library Director's Rule Contract Negotiations
Firms recognize the special expertise of Library Directors in high ticket and complex licencing negotiations. 87% of the firms have kept this responsibility in the hands of the Library Director.
In reviewing the data I am struck by the terrific challenge library chiefs face in the currentenvironment. Law firm profits are reviving, lawyers continue to demand the best and most strategic information resources for their practices and yet library chiefs have succeeded in containing costs. The survey give clues how they achieve this. Librarians are sharp negotiators who assess not only price but the comparative value and usability of the content. They also employ sophisticated tools for analysing the ROI for the resources they invest in. These talents are paying off big time for the firms which employ these experts. [...] A Sampling of Key Trends From the 2013 Law Library Survey
58% of Library Chiefs are responsible for overseeing Competitive Intelligences43 % of Library Chiefs are responsible for Knowledge managementThe average budget was down $500,000Fewer firms were purchasing eBools. Number dropped from 24% to 21% of libraries.