hey! also just finished 1L, and the corporate law pipeline was my main fear when i chose UofT as someone who was and remains very set on not doing corporate law. this is super anecdotal, but i will say that it does feel like the vast majority of people here are going the corporate / bay st route. in my small group of ~20, there are maybe four people with other aspirations. i didn't even entertain the idea of participating in the 1L recruit (corporate, IP, and mgmt-side L&E law positions), and it was hard not to feel like i was doing something "wrong" when everyone else seemed to be. much of the career office's advice in our class-wide seminars has been geared toward corporate law applications.
at the same time, i don't regret choosing UofT at all. there are a ton of extracurricular opportunities (clinics, journals, RA projects, etc.) for people interested in "social justice" / "public interest" (e.g. refugee, poverty, criminal, union-side L&E, etc. law). the students interested in corporate law are still very engaged with the conversations in those areas of law, which is a great academic/intellectual environment to be in. the career office and upper years who are also pursuing this career path are extremely supportive and helpful in providing tailored advice.
the faculty also offers a lot of opportunities to secure funding for social justice / public interest positions (both domestic and international) that would otherwise be unpaid. idk if this is just me, but it seems like because everyone is so focused on corporate law and there aren't as many students vying for those things, some are easier to get. being in the minority just means having to be a little more proactive in seeking out resources and opportunities, but they're there.
i will second what @Notnotadog said -- the corporate / bay st obsession might be the product of some people's short term goals. especially given our tuition, a lot of people feel super pressured to get those positions and pay off their debt as quickly as they can. but i would say after this year, i was kinda relieved to be proven wrong about the corporate law vibe of the student population. it's not as overwhelming as you might assume.