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The 80/20 Principle

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Sep 14, 2021 • 42min

169: Self Sufficiency

The less you need to rely on other people the greater your flexibility and resilience. The same goes for relying on resources. Keep your needs to a minimum to survive and thrive. In this episode, Ernie focuses on several key principles to help you be as self-sufficient as possible. Show Notes Episode 167 - Crisis Management OODA Loop, cited in Episode 167 John Boyd, cited in Episode 167 Uncluttered.com Tim Ferriss, Author of Four Hour Workweek Heat, movie with Robert DeNiro & Al Pacino Thinking in Bets by Annie Duke Deep Work by Cal Newport General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Sep 7, 2021 • 54min

168: The New Law Business Model (with Ali Katz)

A new law business model is vital now. Ali Katz’s book explains exactly how lawyers should revamp their practices to make them more enjoyable and more profitable. Ali's NLBM is most beneficial to lawyers with estate planning or business law practices that use flat-fee pricing, but the principles and tactics she teaches can help any lawyer in any kind of practice area. In this episode, you’ll learn about the 5 critical shifts solo and small firm lawyers need to make to revitalize their law businesses. We also discuss which practice types lend themselves most readily to transformation. Show Notes The New Law Business Model, the book by Ali Katz that we discuss in depth. New Law Business Model, Ali’s website Private Facebook Group created and run by Ali MoneyMap for Lawyers (resource provided by Ali to help figure out what income you need your practice to provide General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Aug 31, 2021 • 32min

167: Crisis Management for Lawyers

Learning how to manage a catastrophic crisis like the hurricane that just hit New Orleans (or fires, earthquakes, and pandemics) will help you in everyday life for reasons that are surprising. Even "smart people" wind up making bad decisions in a crisis. But a prepared person who isn't that "smart" can do surprisingly well. In this episode, we examine exactly why that's true. And Ernie's examination takes place in the aftermath of an actual crisis: i.e. Hurricane Ida, a category 4 storm that ravaged Louisiana on August 29th (the 16th anniversary of when Hurricane Katrina hit New Orleans). Show Notes Hurricane Ida (Ernie's blog post) OODA Loop (Wikipedia article) John Boyd (Wikipedia article) VUCA (Wikipedia article) Curated Twitter feed (Ernie created for Ida) General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Aug 24, 2021 • 29min

166: Q&A: Advice to a New Lawyer

When starting a new firm, what types of things are important to get right in the beginning to scale later? That's the question I was asked recently by a new lawyer. The answer is applicable or at least helpful to any lawyer thinking about how to improve their practice. Show Notes Advice to a New Lawyer - blog post that inspired this episode Vision & Traction - blog post about the importance of creating a solid vision for your law practice Traction: Get a Grip on Your Business, book by Gino Wickman (a powerful, actionable guide for lawyers who want to get a grip on how to better run their practices) My Email Marketing Course ConvertKit Email Service General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Aug 17, 2021 • 46min

165: Flat Fee Billing & Other Alternatives (with Kristin Tyler)

Historically, the flat fee was the only "ethical fee" for lawyers. Now, it's more often the most sensible type of fee—both for clients and lawyers. The question is: what kind of flat fees are most successful and profitable for lawyers?  In this episode, Kristin Tyler shares insights gleaned from her own practice and from helping other lawyers understand the ins and outs of flat fee billing (and eight other alternative billing methods). Show Notes How to Flat Fee Bill As a Lawyer, Kristin Tyler's blog article (discussed in depth during this episode) Outsourced Lawyer Work: Episode 69 of LFA Podcast (Kristin Tyler discusses LawClerk Legal project-based services) Subscription Outsourcing of Legal Work: Episode 136 of LFA Podcast (with Kristin Tyler discusses LawClerk Legal subscription services) The Checklist Manifesto: How to Get Things Right, by Atul Gawande Asana (online project management service) Being a Mom While Creating Law Practice: Episode 164 of the podcast (with Kim Felton) 2021 Virtual Small Firm Bootcamp (where attorney Andrew Legrand explained how he implemented subscription-based billing for his business law practice) Kristin Tyler's email address: ktyler@lawclerk.legal Kristin's Twitter address: https://twitter.com/KristinTyler General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Aug 10, 2021 • 1h 15min

164: Being a Mom While Creating Law Practice (with Kim Felton)

Kim Felton had her first child in law school, then figured out how to be a lawyer and build an online Immigration practice, using technology as much as possible. In this episode, she shares her challenges and how she met them using exceptional wile and grit, and by discovering how best to leverage the power of technology. Show Notes Innovation Litigation (Kim's website) Onward Immigration (Kim's other website) A Better Way: How Motherhood Changed My Perspective Of The Legal Field & What I’m Doing To Change It (Kim's article about how "resourcefulness under pressure" led to her starting a virtual law firm that was both successful and enjoyable) Boundless Immigration Law website LawClerk Legal (virtual freelance help from other lawyers) Outsourced Legal Work (episode 69 of the podcast, with Kristin Tyler) Subscription Outsourcing of Legal Work (episode 136 of the podcast, with Kristin Tyler) Zapier (cloud automation service) Asana (online project management service) Trello (kanban project management tool) Basecamp (popular project management service) Click up (project management service Kim tried and still uses) Lawcus (law-specific project management service Kim tried) Time Blindness - people with ADD who lack the ability to track the passing of time Client-Centered Law Firm, by Jack Newton Madman, Architect, Carpenter, Judge - (writing process explained by Bryan Garner) Point Made#: How to Write Like the Nation's Top Advocates, by Ross Guberman (excellent book on legal writing) Ross Guberman (another writing instructor) Client Rock (enables online consultations to be booked, generate, send, and e-sign fee agreements, and get paid using a LawPay account.) General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Aug 3, 2021 • 52min

163: Visualizing Workflows using Kanban Boards (with John Grant)

Making your work visible is vital for knowledge workers (like lawyers), and the best way of doing that is by using a Kanban Board. Task managers just can't cut it. In this episode, Ernie talks with John Grant a consultant who helps fellow lawyers fix their legal workflows using Kanban Boards to help them manage tasks more effectively and collaborate better. Show Notes Agile Attorney (John Grant's website) The Voice of The Client (John's podcast where he interviews lawyer clients) Thinking Fast & Slow, Daniel Kahneman Making Work Visible: Exposing Time Theft to Optimize Work & Flow, by Dominica DeGrandis (John's book recommendation) The Rise & Fall of GTD (Cal Newport's article in the New Yorker) Lean Software Development (Wikipedia article) Agile Software Development (Wikipedia article) Scrum Software Development (Wikipedia article) Knowledge Workers (Wikipedia definition) How to Think Better And Profit More (Ernie's blog post) Feedback loops (Wikipedia definition) Kanban (Wikipedia definition) Trello (Kanban board tool used by Ernie, which he recommends) KanbanZone (Kanban board tool that John recommends) WIP: a task started by not yet finished (Wikipedia definition) Start less to finish more (a key principle of the Agile work method) Optimism Bias (Wikipedia definition) Why All Your Projects Are Late And What to Do About It (Freakonomics podcast) Less Doing: Ari Meisel's website (productivity guru that Ernie follows and recommends) "Honest reckoning with capacity" (John's advice for not succumbing to optimism bias) "Brutal assessment of priority" (John's related advice) General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Jul 27, 2021 • 45min

162: Your Personal Brand (with Mike Kim)

You are a brand. The only question is whether you want to understand it and improve so your reputation is enhanced? Or do you prefer to leave things to chance? If you prefer the former, then reading Mike Kim's new book "You Are The Brand," is your starting point. In this episode Mike shares some of the key lessons from his book, but in a way that relates to lawyers with solo or small firm practices. Show Notes You Are The Brand, by Mike Kim General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Jul 20, 2021 • 47min

161: Managing Clients

Clients are the lifeblood of your business, but they can also be frustrating and annoying. You must manage clients very well if you want a happy law practice. The simplest, most important business goal you can have is to optimize for happy clients. But you must understand what that actually means in practice. I learned a lot about what this means as a waiter at a prestigious New Orleans restaurant. The principles for effectively managing your law clients are the same as those for managing any kind of high-end customer. General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  
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Jul 13, 2021 • 27min

160: Kaizen for Lawyers

If you want to make steady, powerful improvements to your law business, in a way that's super effective and surprisingly easy, you should leverage the principle of "Kaizen." It's a Japanese business philosophy of continuously improving operations in small incremental steps. But it's also a powerful tool for solo and small law firm owners in the modern tech-driven world Show Notes Atomic Habits, book by James Clear Loom video comparing SweetProcess to Process St. The Seven Habits of Highly Effective People, book Steven Covey Evernote - digital dumping ground TextExpander - text automation tool Notion - online wiki/database tool Obsidian - new PKM tool (Mac or PC) General Resources The 80/20 Principle (my email newsletter) The 5 Pillars of a Tech-Powered Law Practice The Inner Circle (an online community for law firm owners) Thanks to Our Sponsors SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly. The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don’t even have to enter a credit card to get started. Just navigate to SweetProcess.com/ernie to start your 28-day free trial today. And thanks to the other sponsor of this podcast… Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you’re actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there’s one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.  EPISODE CREDITS: If you like this podcast 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 business and impact the world. Find out more at EmeraldCity Pro.  

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