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If you’re interested in learning how the 80/20 Principle can improve your law practice, you might appreciate this email newsletter.
An Overview of 80/20
The 80/20 principle is based on the powerful-but-hidden truth that nature is filled with strange imbalances.
For example, economists and data scientists have noted the disproportionate distribution in instances such as these:
- 80% of sales tend to come from 20% of one’s customers
- 80% of donations in philanthropic efforts come from 20% of donors
- 20% of the global population generates 80% of global income
- 20% of bugs in software cause 80% of all errors
- 20% of safety hazards cause 80% of all injuries
- 20% of efforts to improve a system lead to 80% of all improvements
A Powerful Lever
Leveraging the 80/20 principle enables many people to achieve extraordinary success.
All you need to understand is this: you can often get powerful results with fairly modest effort.
So if you feel like you’re overworking or overthinking things, then learning more about the 80/20 principle is probably a good idea.
Assimilation is Key
Learning to use the 80/20 takes time because it’s knowledge that you must assimilate, not memorize. The goal of this newsletter is to help busy lawyers assimilate that knowledge in the easiest, most convenient way.