<ul><li>Late Static Binding (LSB) is a feature in PHP that allows a child class to reference its parent class's static properties or methods using the static keyword.</li><li>It's especially useful when dealing with inheritance and customization of functionality in subclasses.</li><li>Late Static Binding allows subclasses to access their own static properties and methods while maintaining class hierarchy.</li><li>Implementing Late Static Binding in PHP can enhance flexibility and maintainability of codebases.</li></ul>

Example of using Late Static Binding in PHP.

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