Several people leave because they want a change of team that's not possible in some firms. Some of them shift to another city, maybe to other firms or the same firm. Some join other T1 firms hoping that the scene will be better. Some join boutique firms for slightly easier workload and occasionally greater variety of work. Some try in-house. Some need a break from work and stress and try to get one via a foreign LLM. After that they may come back and join firms/academia, or stay over abroad if interested and have options available. Some sit for exams like UPSC or judiciary. Some go to policy bodies like Vidhi. Some try out entrepreneurial ideas if they have got the resources. Some of course try their hand at litigation. Those interested in foreign LLMs especially often do a judicial clerkship first to better their chances for scholarships. Regulators like SEBI, CCI, TRAI also hire some at times.