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There are many benefits to timing your practice, including:
Pacing is the key and there are several different theories on this.
I feel the best practice is no more then 3 min per question with the average around 2. If at 3 min you dont have an answer or arent on the right path, you need to move on. It is important to finish the test and answer every question.
30 min on the first 10 questions is a little excessive - I would say 20-25 should be ok. But look at it as a per question basis not just the first 10. Every question on the test is important.
Manhattan showed me a study that basically proved each question is important - thus, take the same amount of time on each question. Don't just give yourself 3 minutes on the first 10 (thats really a lot of time, if you think about it, you'll be 5 questions slow by the time you finish the first 10, and thats assuming you time yourself correctly).
I suggest adapting your technique - if you see a question that you just know you probably wont get right - maybe you don't remember the way to solve it, take a stab at it, spend 1 minute on it, make an educated guess and move on. If you waste 3 minutes on it, you will probably just get it wrong anyway.
I saw one like this on the exam where, when I saw it, I instantly knew I was going to get it wrong. It was a ridiculously complex formula that would have required serious algebraic heavy lifting to figure out (it was a DS), I looked at the options, thought about how what I knew might effect the overall value, and moved on.
Check out this awesome article about Anderson on Poets Quants, http://poetsandquants.com/2015/01/02/uclas-anderson-school-morphs-into-a-friendly-tech-hub/ . Anderson is a great place! Sorry for the lack of updates recently. I...