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All the top foreign and Indian law firms come to recruit but I think places like NUJS and NALSAR tend to also bring in more tier-2 firms and PSUs to get more jobs, something NLUD RCCs had struggled to do as regularly, atleast when I was there. The lack of an established alumni base does make this more difficult, but that cannot be offset in the short-term.
Having graduated from NLUD, you do need a decent batch rank to get tier-1 firms (preferably, top 50% - when I was there the batch size was still 80). People that don’t maintain their grades will find it hard to land the top jobs unless they have other significant co-curricular interests/achievements.The people that are “frustrated” are usually folks that neglect academics and relevant internships till 4th year and then realise it’s too late by the time placement season/Day-Zero comes around. Otherwise, it’s not that difficult to get placed in a tier-1 firm from NLUD if you work hard.