I think the problem with this thinking is that that "risks" we knew about were getting median or under grades. We were told that top grades would at leas get you a job, but there was a huge risk on grades. I, for example, have somewhere around top 15-20% grades (school doesn't rank), so I "beat" the odds that were stacked against me...but now still don't have a job. I don't remember anyone ever saying that top 20% wasn't going to be enough to land a 40K job when we were coming into this, so I don't think we knew all the risks.
Where did you go? How much did you hustle for 2L summer job? What kinds of things have you done to help yourself out?
No offense, but sometimes looking in the mirror is a great place to start. Not trying to be a dick here, but all of my friends that are in your position (T30 school here) are ones that really haven't done much to help themselves, instead expecting a job to fall in their lap because they are top third at a decent school.
I was on LR at UT. My job search was miserable. That's because I wasn't excited about firm work. I didn't work as hard as I needed to at building a solid resume of classes in a focused field. I didn't research firms and practice areas thoroughly. I didn't mass mail; I just relied on OCI and my summer firms, which didn't pan out. Even when I finally did find a practicing position, it was through my school's career services office. My lack of enthusiasm for practicing law caused me to treat my job search rather apathetically.
Once I made the commitment to work in academia and not practice law, my whole attitude changed. I started researching jobs more diligently. I reconnected with my law school professors for advice. I was proactive and learned about the various departments in my area. I developed a coherent research agenda so I could pitch myself as a burgeoning scholar. Once I changed my perspective, finding a job was a cinch.
And I don't remember anyone ever telling me that I was "guaranteed" a job for performing well at a top law school. That's entitlement, and speaking frankly, it hurt my reputation severely. I wish I had just stuck to my plan of becoming an academic instead of getting sucked into the biglaw entitlement attitude. Lesson learned.