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If you are thinking about Money, Luxury Offices & Cars , then judicial services is not something which you will like. You will get 80K month + Facilities as a fresher. Over the years it can increase to Rs. 150K - 250K per month. Secure life, Assured Salaries & Stress Free Job.
Being from Top 5 NLU's doesn't always mean you can do the T1/2 Law Firm work-taking the responsibility and work pressure and of course long working hours. Judicial Services is good if you want a stress free (it's almost the opposite of a career in a law firm/ even an in house counsel) , guaranteed income till 60's.
You can retire as a Principle District Judge or as a High Court Judge (chances are less) max.
Your peers at law firms start as freshers with almost the same salary. But the difference is, thier salary will/may multiply 10 to 20 times over the course of a few years. Even you Litigating Friends (from Top 5 NLU's) may make upto a crore more than you, while appearing in the same court room where you are preciding.
There are Judge's who sit till night, hear a lot of cases. But it's your option. If you want to sit from 10 to 5, it's upto you. As long as you don't do any - totally illegal stuff chances of you getting suspended/dismissed from judicial services is zero.
Want to take a day off, or less cases per day. No questions asked. Do the same in a law firm, and you will be on the street.
In a Law Firm, you will be having sophisticated work/clients and super smart competitive colleagues with Foreign LLM's. In a Trial Court you are going to work with common people (from every walks of life) Your colleagues will almost never be from a Top 5 NLU. Also, You can't use your stylish Law School English in a Trial Court. You will have to learn the local language- to read and write.
Also there is no common judicial services in India. The working conditions also varies from state to state-everything. Even salary can vary from state to state (from 50K to 100K as a fresher)
So far, Delhi is the most lucrative lower judicial services, even attempted by Top NLU folks.