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2. Placements will depend upon your batch. LLB batches handle their own placement, the university will just provide facilities needed. There are examples of LLM students having been placed from campus. Talk to the different faculty for connections/references. If you are good and hard working enough, then you will get a job. LLB students or their CRC won't help with their legacy contacts.
3. Depends on your undergrad experience. If you come from an NLU or private university having similar syllabus or pedagogy, it will be easy. Not always for TLC people. Less mugging up involved. Writing projects and presenting those may be a new experience for you. Plenty of time available to prep for judiciary or UPSC. Extensions etc. available for real reasons for project and dissertation submission.
4. Mostly same faculty teach undergrads and postgrads here. Some visiting faculty will be there based on your chosen specialisation. Rooms are at a premium till the new ones become fully operational, so classes may often take place in the second half only. You may sit in any undergrad class taking the faculty's permission, nobody would refuse you.