Precedents are legal decisions made by courts in previous cases that guide future rulings in similar cases.
Related terms
Stare Decisis: This Latin phrase means "to stand by things decided." It is a principle in which courts follow precedent and make decisions consistent with prior rulings.
Overturning Precedent: Sometimes, a court may overturn a previously established precedent if they find it outdated or incorrect.
Landmark Case: A landmark case is one that establishes an important legal precedent and has significant implications for future cases.