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Take a partial drop if needed, but understand that it is quite easy to get into most foreign LLM programs as they are just a cash grab so don't worry you won't dent your LLM chances by coming to NLUJ.
If I were you, I would definitely take NLUJ (over NUJS anyday) and work there to be at the top of the batch. Also keep in mind that dropping means losing one year that you could instead spend on gaining work experience post college - at the end of the days, our time here is finite.