Thinking in Bets: Managing Risk and Reward in Trial Practice | Taylor Asen | S5 Ep. 12
Автор: Law Office of Kenneth E. Berger, LLC
Загружено: 2025-11-04
Просмотров: 38
Every trial is a bet, but how do you know when the risk is worth taking?
In this episode of Best Practices with Kenny Berger, trial lawyer Taylor Asen joins Kenny to talk about what it really means to “think in bets.” From using data and probability to assess case value, to hedging strategies like high-lows and partial settlements, Taylor breaks down how trial lawyers can balance risk, reward, and responsibility to their clients.
They discuss:
Why expected value alone doesn’t tell the whole story
How to align client risk tolerance with case strategy
Using data and focus groups to guide decision-making
Applying concepts from gambling and behavioral economics to trial work
Why honest experts and strict case selection matter in medical malpractice
This conversation offers a framework for making smarter, more intentional decisions in high-stakes litigation.
🎧 Hosted by Kenny Berger | Best Practices with Kenny Berger
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