Which of the following is the better way to do italics? To help you distinguish the two examples better, I'm adding bold in addition to italics here:
The two liked each other a lot.
The two liked each other a lot.
I'm editing a book in which the author took the first approach, italicizing just the word "lot." However, I could see the argument made that "a lot," constituting a single phrase, should be italicized in its entirety. Is either option fine, or is one preferable?