I was reviewing papers starting second semester of grad school with my advisor just signing off on it, so not even PhD candidates, and it was the same for my la

I was reviewing papers starting second semester of grad school with my advisor just signing off on it, so not even PhD candidates, and it was the same for my lab mates too. Initially we spent probably a few hours on a paper for peer review because we were relatively unfamiliar with the field but eventually I spent maybe a couple of hours doing the review. Wouldn't say peer review is a joke but it's definitely overrated by the public.