Being a person who seems incapable of remembering to change camera settings when going outdoors after taking photos indoors, the fact I shoot only in RAW format has saved shots more than once.
The first image below is an example of just such a situation in which had I been shooting in JPEG format I would have gotten the first image with its grossly blown out highlights and been stuck with them, but since I shoot in RAW format I simply decreased the Exposure setting in my RAW converter by 2.4 stops and got the perfectly acceptable results in the second image.
The third image shows the poor white balance performance of the camera, which was easily corrected during the RAW conversion with a simple click of the mouse, yielding the fourth image.
Click here to learn more about all the numerous benefits of shooting in RAW format.
Click here to learn about the drawbacks of shooting in RAW format.