The primary objective of this study was to investigate how incorporating prior information improves estimation of item parameters in two small samples. The factors that were investigated were sample size and the type of prior information. To investigate the accuracy with which item parameters in the Law School Admission Test (LSAT) are estimated, the item parameter estimates were compared with known item parameter values. By randomly drawing small samples of varying sizes from the population of test takers, the relationship between sample size and the accuracy with which item parameters are estimated was studied. Data used were from the Reading Comprehension subtest of the LAST. Results indicate that the incorporation of ratings of item difficulty provided by subject matter specialists/test developers produced estimates of item difficulty statistics that were more accurate than that obtained without using such information. The improvement was observed for all item response models, including the model used in the LSAT. (SLD)