I think the most balanced solution (if there will be one) is to allow everyone to examine off turn, but you get the loremaster level of the party member who is currently in turn or next in turn order.
This would allow everyone to plan their turn but the loremaster would still feel important to the whole team. this would eliminate the "hey bob, examine that enemy there and tell me his stats" and would make the combat go faster.

Last edited by Jazkottaja; 12/09/17 09:54 AM.