I'm a TT assistant prof in the humanities. I've got a revise and resubmit from a major University Press. The readers' reports, though encouraging, give rather conflicting advice. At the suggestion of one of my colleagues I am seriously considering employing the skills of an academic editor to help me revise the ms. I'm also going to try applying for university funds to do this. Whatdaja think? Any experience / suggestions gratefully received.
There are all sorts of editors, of course. Are the reviews asking you for a careful copy editing of the manuscript? This will be different from a more active editor. Are the reviewers' comments so "deep," in a sense, that they would require a wholesale edit of the book? Or are they scattered comments that you could address individually? I assume the former, and that perhaps you need a second pair of eyes to help you reorganize and streamline the manuscript.
I've only hired copy editors, for a few grant proposals. I have a good friend who is a professional copy editor, and she can handle citation formatting and the like, but as good as she is, she wouldn't be comfortable with suggesting substantive changes. But a "academic editor" could be pretty expensive.
I say "go for it" if you strongly believe that the outcome is worth it and that an editor really could help. But if the comments in the reviews go to scholarly matters, you may want to tackle those on your own--you know your work best, after all.