Intro to Law and Legal Process
Precedent refers to a legal principle or rule established in a previous case that is binding or persuasive in subsequent cases with similar facts. This concept is crucial in shaping the law, as it ensures consistency and predictability in legal decisions, enabling judges and lawyers to rely on established rulings when addressing new cases. Precedent operates within the framework of common law, influencing statutory interpretation, appellate decisions, and legal research methods.
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