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Om shanti!
Focus on building your brand. Have great academic records, intern at great places and have quality publications in prestigious journals (quality over quantity, people). Identify niche areas and try to get published in internationally acclaimed journals. (This is not impossible, do your diligence on the journals). Maintain contact with the people you work with, especially your managers and try to intern at the same place multiple times and work your ass off at said internship. Structure your CV towards a specific practice area, lose the designs & colour and be very specific about the work you did. Merely saying you worked on FEMA isn't going to get you anywhere. What firms want to see is what exactly you worked on in FEMA. Do this effectively and you might as well PPO your way into Tier 1 or Tier 2. Even if you don't make it a Tier 1 join a smaller firm or a boutique and lateral after a year or two. What difference is it going to make? Lack of a life here, lack of a life there. No sexlife anywhere. Also a lot of tier 2 firms pay similar to tier 1s on mid senior levels. Day zero is ass, you won't die without it.
Om Shanti