The way I look it is this: Will I be punished for not following the Mosaic Law today?
Galatians 3:13 says, "Christ purchased us, releasing us from the curse of the Law by becoming a curse instead of us, because it is written: â€œAccursed is every man hung upon a stake.â€�
Is the law important to know?
"For the law code, â€œYou must not commit adultery, you must not murder, you must not steal, you must not covet,â€� and whatever other commandment there is, is summed up in this saying: â€œYou must love your neighbor as yourself.â€�" - Romans 13:9
What specifically should we keep from the Mosaic Law?
Answer: "Therefore, my decision is not to trouble those from the nations who are turning to God, but to write them to abstain from things polluted by idols, from sexual immorality, from what is strangled, and from blood." - Acts 19-21
Are we then without a law?
John 15:12 "This is my commandment, that you love one another just as I have loved you." This is more than what it seems. It wasn't just a command to love one another, it was a command to love one another just as Jesus loved us. That alone would constitute a new thread just focusing on that. Following sabbath rituals, keeping all the festivals, the sacrifice laws and the meticulous dietary restrictions etc has nothing to do with loving another person. Most of these things from the Law were a shadow of things to come. (Col. 2:17) Have you ever considered a shadow? If you follow a shadow to it's source you will find what was casting the shadow. Shadows are not the real thing either and one can't really make out details from a shadow. Jesus was casting the shadow. When Jesus died for mankind, the shadow (or the Law Code) with all of its ritual and festivals were no longer needed. He also gave us clarity in understanding the spirit of the law and how to live God pleasing lives. Those things were reminders of the salvation that Jehovah was going to provide. Once that salvation was provided, there was no need for reminders for something that has come and gone.
Those that still practice the rituals of the Law Code, they do so in vain. They were meant as reminders as what was to come. To do them now is pointless. However, the so called 'law' modern day Jews keep is hardly anything like what was kept in Jesus day. Now that I think about it, even the Jews in Jesus day were not keeping the Law as they were supposed to. I think during the days of king David and the early parts of Solomon's reign was the last time I read the majority of Jews were following the Law code correctly.