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The law is made of words! If you want to be a successful law student, you need to be an expert with those words.
And some of those words are, frankly, a bit ridiculous, because they are in Latin, a language which died out centuries ago. Still, they are important: the "canons" of statutory interpretation help you to understand the words of a statute, and will help you with your own legal writing if (for instance in a contract) it is likely the court will at least initially approach the task with the canons in mind.