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Now, coming to your questions:
Yes, graduating at 35 does affect your chances of getting a corporate law job. Indian law firms are terrible places, and a team usually prefers a 23-25-year-old at the fresher level instead of a 35-year-old. As a lawyer, you do basic mind-numbing compliance work that requires a very little/basic understanding of tech. In-house roles might take your background more favourably than law firms, though.
Given your background, I would not suggest litigation; you will have to slog for at least 10 years, and I don't think that is possible at 35.
I am a bit curious tho, why did you not try for an MBA? Your experience would be incredibly valuable for an MBA role at a tech company.