Precedents are a concept in common law (England and Wales and other English speaking countries - US etc) whereby a previous case if similar (in facts) is used to provide a consistent basis for decisions. Precedents are "binding" on a lower court that is to say they must be followed by a lower court if the decision was made by a higher court. They should also be followed by that court itself. The Latin term Stare Decis (to maintain what has already been decided) is used to define this.
When a judgment is handed down by a judge it is in two parts 1. the ratio decidendi (the reason why) and 2. the orbita dictum (said by the way). The ratio decidendi is binding. The orbita dictum can be cited as persuasive but is not binding. Similarly a lower courts decision can be persuasive to a higher court but is not binding. The general concepts of the above is referred to as "case law" and helps develop and modify the law. Lawyers spend a considerable amount of their effort in trying to show how the facts of the particular case differ or resemble other cases to make their points of law in front of the court.
In civil law precedent is not followed in the same way and Judges theoretically use the legislation alone to interpret the law, the argument being only the legislature has the authority to make law Judges are merely interpreting it. However there is a concept of Jurisprudence Constante which is similar but relies on a number of cases all of which reach the same conclusion. In common law by contrast a single case can be decisive and major changes brought about by a case are known as "landmark rulings".
To add to the answer above - the law in the UK is made up of primarily two sources: statute and precedent. Although judges are required to apply statute - interpretation of statute follows common law principles including precedents.
Yes.
The U.S. Supreme Court.
Supreme Court
LAw based on court decrees and precedent is
They are called precedents. If the decision was made by a court with jurisdiction over a lower court, they are called binding precedents because the lower court is required to apply the same reasoning in similar cases under the doctrine of stare decisis.
The doctrine that previous court decisions should apply as precedents in similar cases is known as stare decisis.
Yes, if appropriate precedents exist for the case before the court. The US Supreme Court sets binding precedents, meaning lower courts are required to adhere to them (but don't always do so) under the doctrine of stare decisis (Latin: Let the decision stand).
Case law is based on the precedents and and legal principles applied by other courts in previous cases.
No, that's backwards. Binding precedents are set from the top-down.US Supreme Court decisions are binding on all relevant federal (and state) courts.US Court of Appeals Circuit Court decisions are binding only on US District Courts within that Circuit.US District Court decisions are not binding on any other Courts.Non-binding precedents, including dissenting opinions, may be cited as persuasive precedents at any level, however.
the rules and princes announced in court decisions are called
Precedents are the decisions in cases in the PAST. These past cases are used and applied to cases in the courts to provide certainty and consistency in the system of law and justice (no matter what legal system this is regarding).
The Judicial Branch is considered highly independent, but the degree of independence actually varies with the level of the court. US Supreme Court justices, the highest federal judges, have a high degree of independence. US Court of Appeals Circuit Court judges have a fair amount of independence. While they are bound by Supreme Court precedents, they are also required to apply their own critical thinking skills to the cases at bar, because the Circuit Courts are the final appellate destination for 99% of federal cases. US District Court judges have very little independence. Not only are they bound by US Supreme Court precedents, they are also bound by precedents established by the Circuit in which they reside, by Federal Rules of Procedure, and by applicable laws, policies and guidelines. US District Court decisions are supposed to be applied consistently, so trial court judges are left with little room for interpretation.