While our budgets go down, down, down.
The only option? Cancellations left and right.
In the April issue of Library Journal there is a periodicals price survey. It’s an interesting read. Here’s the full article:
http://www.libraryjournal.com/article/CA6651248.html?q=periodicals+price+survey
The pertinent numbers for law:
Law
Average Cost Per Title 2005 $223
Average Cost Per Title 2006 $246
% of Change 10
Average Cost Per Title 2007 $273
% of Change 11
Average Cost Per Title 2008 $292
% of Change 7
Average Cost Per Title 2009 $322
% of Change 10
So, in a 5-year period, journal prices have risen an average of $99 per tile, or 44%. Ouch.