Stare decisis

Definition and stakes

Portrait of Sandra Day O'Connor Sandra Day O'Connor,  James Beam Distilling Company v…

“ At its core, stare decisis allows those affected by the law to order their affairs without fear that the established law upon which they rely will suddenly be pulled out from under them. A decision not to apply a new rule retroactively is based on principles of stare decisis. By not applying a law-changing decision retroactively, a court respects the settled expectations that have built up around the old law. ”
Source: Wikisource

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