Thinking in Bets: Managing Risk and Reward in Trial Practice | Attorney Taylor Asen | S5 Ep. 12

NOV 5, 202533 MIN
Best Practices with Kenny Berger

Thinking in Bets: Managing Risk and Reward in Trial Practice | Attorney Taylor Asen | S5 Ep. 12

NOV 5, 202533 MIN

Description

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 storyHow to align client risk tolerance with case strategyUsing data and focus groups to guide decision-makingApplying concepts from gambling and behavioral economics to trial workWhy honest experts and strict case selection matter in medical malpracticeThis conversation offers a framework for making smarter, more intentional decisions in high-stakes litigation.Hosted by South Carolina Injury Attorney Kenny Berger