Pretrial risk assessments are used to inform pretrial release decisions by judicial officers and criminal justice entities. Existing research indicates that negative perceptions of risk assessment can interfere with adherence to the tool. Although perception plays an important role in the implementation of pretrial risk assessment, little is known about what those involved in the initial pretrial release decision—including pretrial officers, judges, prosecutors, and defense attorneys—think about this practice. This study utilized a mixed-methods approach to examine the perceptions of pretrial risk assessment by practitioners and stakeholders across roles in the system. Furthermore, themes relevant to the perceived value of pretrial risk assessment are identified that pertain to the face validity of risk items and the reliability of self-reported information.