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b. If the gap is the obstruction for such opportunities, what way is there to fill it?
c. Is it time to start panicking?
2. Try and identify a practice you'd like to work in and see if you can read up enough to hit the ground running - will help if you get a test run at a firm.Despite all the hate you'll get from interns that have no idea how bad the job market is, perhaps consider offering unpaid time to get your foot in the door at a firm / lawyer's office.
Best case you get hired, worst case you don't, but you could ask them to refer you elsewhere: they could if you've done well enough for them to feel like they owe you a favour.
3. It is never time to panic. Sometimes things happen when they're supposed to, so enjoy time with loved ones rather than pouring all your energy into something that is not in your control.