Is stare decisis the same as precedent?
Hereof, what is stare decisis in law?
Stare decisis is a legal doctrine that obligates courts to follow historical cases when making a ruling on a similar case. Simply put, it binds courts to follow legal precedents set by previous decisions. Stare decisis is a Latin term meaning "to stand by that which is decided."
- 6.1 Austria.
- 6.2 England.
- 6.3 France.
- 6.4 Germany.
- 6.5 Spain.
- 6.6 United States.
Similarly, what are the two types of precedent?
There are two types of precedent: binding precedents and persuasive precedents. As the names suggest, a binding precedent obliges a court to follow its decision, while a persuasive precedent can influence or inform a decision but not compel or restrict it.
The Importance of Precedent. In a common law system, judges are obliged to make their rulings as consistent as reasonably possible with previous judicial decisions on the same subject. Each case decided by a common law court becomes a precedent, or guideline, for subsequent decisions involving similar disputes.