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Bata do yaar koi. Whoever I am asking leaves me more confused.
I guess I should stop overthinking this. These private law school folks are good at selling.
It's not Jiggles but follows its template. (Except salaries which are UGC scale)

Do you see better growth at Jiggles than say, a tier 1 NLU?
Teaching at Tier 1 NLU (NLS/ NALSAR/ NUJS/NLUD) always better than any private university.

Teaching at Jindal is of course more rewarding and better than NLUs unless you get a permanent appointment in NLUs/ Govt Univ.

Hope this helps.
It is simple. Stay where you can finish your Ph.D. Private universities will load you with unnecessary work. Ph.D is a must to continue in academia.
It is a no brainer. If it is NLS or NALSAR, you should take the position of an Assistant Professor instead of waiting for a teaching role at a private university.