Other way round you mean increase the exposure by decreasing the Effective film speed (EI - exposure index) - to give better shadow detail.
Ian
Thanks for the correction Ian! I got stuck between "increasing exposure" and "decreasing EI" and just made matters more confusing! Hopefully the OP figures it out.
FWIW, it seems pretty well-established that reducing developing times significantly from standard (whatever that is now, since every manufacturer can decide for itself), for whatever reason (contrast control, personal EI, etc.) will reduce effective film speed. With that in mind, it only makes sense, sensitometrically, that if one develops to a lower contrast index, one's personal E.I. will be lower than ISO speed. Mine are, but just a bit: I shoot 320 Tri-X and TMY at E.I. 250. I'm sure my metering techniques and light meter come into play here as well, but that's the point, isn't it? My personal E.I. should give me negatives that have the shadow detail I want and print like I want. I don't really think that I am using methods that produce inaccurate results by doing so.
For color film, even with "standardized" development, there is still the question of metering and meters in general. Not only do individual metering practices vary, so do the light meters themselves, due to design or manufacturing tolerances. I know I have a hard time finding two meters that agree completely. That in itself should prompt everyone using a meter to find their own personal E.I. This is not denying ISO speed, simply compensating.
If I am going to err when shooting black-and-white negatives, then it will be on the side of overexposure. I'm not really interested in "living on the edge" of not getting enough exposure. LF black-and-white film does fine with more than minimum exposure (sometimes better in the case of 320Tri-X).
In any case, the negative is just an intermediate step to get a good print. I'm pretty sure the viewers of my work don't go around saying, "Oh my, he must have shot that at different than box speed!" If box speed is giving you the shadow detail you desire with the way you work, fine. If not, change your personal E.I. to compensate.
Best,
Doremus