'There is, in fact, no such thing as judge-made law, for the judges do not make the law, though they frequently have to apply existing law to circumstances as to which it has not previously been...

'There is, in fact, no such thing as judge-made law, for the judges do not make the law, though they frequently have to apply existing law to circumstances as to which it has not previously been authoritatively laid down that such law is applicable
’.

Lord Esher MR in
Willis v Baddeley
[1892] 2 QB 324 (CA) 326

With reference to the rules of Statutory Interpretation and the doctrine of Judicial Precedent, discuss the extent to which you agree or disagree with this statement.