Left-right rotation is a tree restructuring operation used in self-balancing binary search trees (BSTs) to maintain balance after insertions or deletions. This operation helps prevent the tree from becoming too unbalanced, which can lead to inefficient performance during search operations. In practice, a left-right rotation involves performing a left rotation on the left child of a node followed by a right rotation on the node itself, ensuring that the height difference between the left and right subtrees remains within acceptable limits.