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I am currently in my 3rd Year, prior experience is in disputes and litigation mainly.

need your two cents on whether going the insol way will be detrimental or actually helpful
Boutiques/Specialized teams - Equilex, Chandhiok & Mahajan, Dhir & Dhir, PSL

Tier 2s - HSA, Dentons Link Legal, Juris Corp, Wadia Ghandy, SNG & Partners

Tier 1s - KCO, Trilegal, JSA, Saraf, Luthra

Gold Standards - AZB, CAM, SAM
Definitely a niche area, only a few firms are doing purely insolvency work. Disputes will give you a much wider pool of firms to work at.
Insolvency and restructuring is not niche. In fact I see it the most sought after practice area after Competition and M&A. Given the smaller demand, I believe it is already getting a bit overcrowded with Insolvency Law.