For clipless knives I use a slip with a thin cord tether. I attach the tether to a belt loop and adjust it so it hangs just above the bottom of my pocket. My lanyard hangs out of the top of the slip by 2 or 3 inches. When I want the knife I reach in my pocket, grab the lanyard and yank out the knife. I agree 8" would be to long for a lanyard.
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