I’m an academic reviewing and writing papers too. I have more and more become a hard-core LaTeX advocate in doing this; I know some disciplines pretty much insist on LaTeX (math, physics), whereas mine (geography) is usually word-processor based. My own experience with Word, LibreOffice, WPS, and SoftMaker Office is that there are varying levels of consistency with formatting, typesetting, graph treatment, etc., no matter what suite you use, because they’re all trying to copy Word, which keeps changing its proprietary format to hinder other packages. So it seems to me that Word compatibility is an intractable problem.
I’ve got Word 2010 running on my Ubuntu machines, without a virtual machine, using Play on Linux - that’s for when I really must use Word. Otherwise, SoftMaker Office’s presentation software is my go-to (I love LibreOffice, but Impress isn’t very good at all).
But for anything lengthy or serious, I’m all about LaTeX, and have been ever since my dissertation. I don’t require my students to use it, but I certainly try to get them to. Managing things like page references or placement of figures and captions is pure tedium in any word processor, but LaTeX handles that beautifully. Well, well worth the learning curve. And then you’re OS agnostic