You're right, Rod. Pan laws are pretty much irrelevant unless you need to automate panning (as well as a few other, more esoteric scenarios). For the most part, you'll set your pan positions by ear and it'll sound like you want it regardless of what pan law is in effect.
The whole reason pan laws exist in the first place is they are intended to compensate for volume changes as you adjust the panning on a track. When a track is panned center, identical sounds are coming out of both speakers; they add together such that the combined sound is louder than either individual speaker. If you then move a track from the center to one side, it'll drop in volume. The default pan law (0db center) boosts the signal as you pan away from the center so that the volume stays constant. It's really just a convenience.
The pan law will be more significant as soon as you start automating pans. For example, if you put an autopanner plugin or a pan automation envelope on a track that shifts the audio from left to right, then you'll want the pan law to keep that track's level constant and avoid volume changes.
EDIT: another scenario wherein pan laws become
very significant is if you foolishly change a pan law in a finished or near-finished mix. That will seriously mess up your mix! Choose a pan law once, at the beginning of the project, and don't change it.