LEGAL REALISM

legal realism,n. The theory that law is based, not on formal rules or principles, but instead on judicial decisions that should derive from social interests and public policy. • American legal realism — which flourished in the early 20th century — was espoused by such scholars as John Chipman Gray, Oliver Wendell Holmes, and Karl Llewellyn. Cf. LEGAL FORMALISM. — legal realist,n.

[Blacks Law 8th]