Understanding the 80/20 Rule
The ’80/20 Rule’ is an intriguing principle that promises a way for practicing attorneys to achieve more with less. This rule was the main topic of a recent podcast episode, which featured detailed discussions with Patrick Slaughter about the practical use of this rule in legal practice.
The Magic of the 80/20 Rule in Law Practice
Patrick Slaughter not only shares his successful application of the ’80/20 Rule’ in his law practice but has appeared in several podcast episodes, discussing varying aspects of legal practice. These episodes range from envisioning success, business coaching for lawyers, to selling a law practice.
The 80/20 Principle Book and More Resources
Richard Koch’s book, “The 80/20 Principle: The Secret of Achieving More with Less,” was also referenced in the podcast. Apart from the book, there are other resources like ‘Inner Circle,’ a private discussion group for business-minded lawyers. Their discussions revolve around how the ’80/20 Rule’ can significantly impact law practice.
In conclusion, the ’80/20 Rule’ is not just for lawyers, but for anyone seeking to maximize efficiency and success in their profession. So, give the episode a listen, join the ‘Inner Circle,’ and harness the power of this powerful principle in your law practice.
Show Notes
- Click here to see Patrick’s Standard Engagement Contract.
- Patrick Slaughter’s Magic Law Practice (Episode 48)
- Business Coaching for Lawyers with Patrick Slaughter (Episode 54)
- What’s Your Vision for Success? with Patrick Slaughter (Episode 65)
- How to Sell Your Law Practice with Patrick Slaughter (Episode 216)
- The 80/20 Principle: The Secret of Achieving More with Less, by Richard Koch
- My Substack email newsletter: The 80/20 Principle (not just for lawyers).
- Join ‘Inner Circle‘ – a private discussion group for friendly, business-minded lawyers.
General Resources
- Learn to use technology to reduce friction & gain freedom with this resource: https://www.the8020lawyer.com/
- Focus on these essential tech tools for maximum traction in your practice.
- Take this short law practice assessment to identify your main strengths & weaknesses.
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EPISODE CREDITS:
If you like this podcast on the “80/20 rule” and are thinking of creating your own, consider talking to my producer, Danny Ozment.
He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their businesses and impact the world.
Discover how to create a relaxed law practice by using the 5 Tech Pillars.