Though that would be useless for dead thralls or any of the thrall spells.
Yeah, but more than doubling the duration for one perk point makes the journey from 20 to 90 Conjuration skill much smoother. Same thing with Alteration.
For Illusion it's practically a "must have" due to the level gap between the weaker and stronger versions of the Fury/Calm/Fear spells.
For Restoration it's rather useless. You don't get enough benefit for the extra magicka it costs to Dual Cast as opposed to just casting two of the same spell.