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Select the range
The whole sequence, one track or just the clips you mark. It shows how many edit points are affected.
Bulk transitions
Select the range, pick the transition and Bulk Transitions places it on every edit point. Changing your mind afterwards costs exactly the same: one click.
In the video: a sequence with 128 edit points gets the same transition on all of them, switches effect and goes back to hard cuts in three operations.
An edit reads as professional when transitions are consistent. Here they are by default.
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Install Mimu in Premiere Pro and have Bulk Transitions running on your sequence in under two minutes.