It's not peer-reviewed. No, I'm serious. It's not peer-reviewed. No other scholar reads your paper, no other practitioner tries to replicate your experiments. Oh, I am serious.
Law students read the submissions and edit the articles.
It's a fascinating process. I could go on for pages. But I won't. See, that's the thing about legal academia. So an additional degree, such as a Ph.D., ends up looking strangely impressive, by way of contrast.