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It lets you know that the Labor Standards Act still has many loopholes. When you start working, you can’t afford not to understand the Labor Standards Act, but you also can’t expect too much from it...
It teaches you the realities of how society operates. You have to be a little more careful when discussing anything related to work...
It helps you practice time management. Requirements keep increasing and changing, so you have to keep adjusting and changing along with them. After you’ve changed everything, they may still tell you to change it back, but the deadline can’t be pushed back. On top of that, even when things are already very urgent, you often still have to attend meetings and write documents and logs explaining what you’re working on, while miscellaneous tasks keep interrupting you~~~
As with advantage 2, hard to say ^^