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Cons: Shape/bindery of the piece. It's a pain to even open it wide. (This was designed by the guild?) Some of the fee quotes/ideas are too vague, to the point of offering little guidance. The flow of the chapters is odd. Example: It starts with illustrator relationships(?!), when you'd think the first chapter would be an overall state of industry, issues facing communication arts employees and employers, trends, etc. The section on digital/non traditional media is still a little shaky, but better than it was.
Last thoughts: To the review that said they need a new version, they've done two in the last 3 or 4 years. The most recent being 2003. To everyone else: it's a guide, not a law book. The prices are at once too high and too low. Fees/salaries will vary no matter how accurate it is.
At first glance it seems slimmer than previous editions, but a deeper look reveals that more information makes it onto each page, with a more efficient typographic treatment, and some judicious editing deleting duplicate information in some chapters
Please note: The prices reported in the book are the results of a survey of real working professionals. A spot check reveals that some reported price ranges have increased over the intervening years since the 10th edition. Some are the same, or similar. In the end, the producer (that's you!) has to insist on higher prices, you can't expect a book to negotiate for you, can you?
Some of the charts are improved. For instance, the Chart and Map Design section is more useful, including ranges for 4 different possible uses for a piece: advertising, in-house, editorial and textbook. this replaces the not-always-useful "client annual revenues" breakdowns in the 10th edition.
In the age of easy image stealing a new cease and desist form letter is included on p. 250 for you to use. May you never need it!
Hats off to the Guild for putting facts and figures at every working graphic artists disposal. It's a lumbering, exploding field where standards are in short supply on the fringes, but solid guidance is only a bookshelf away. I'll say it again... If you're unsure about what to charge, or how to structure an agreement (you're using an agreement aren't you?), it'll pay for itself with your next job.