Hahaha, I googled it before posting because I knew something was off - still didn't get it right apparently though! Good thing basic mathematical concepts didn't show up on the LSAT
I meant both situations you describe, but yes, the title was meant to refer to where there's very few students for a large number of lawyers.
I am also on team "enjoy yourself as much as possible," especially given the pandemic. Work on your hobbies. Paint a painting. Build a model airplane. Finish writing that compendium of 400 limericks about maple syrup you've been working on all year.
That aside, if it's safe for you to do so, consider participating in some kind of volunteering or mutual aid. That might be both a good way to help people who need it right now and also a satisfying way to spend the time. If you want to think about it in terms of law school preparation, it might also give you something to talk about once you start interviewing for clinics and jobs (i.e., shows a drive to help others/ makes you look like you're keen on remaining productive at all times/might help you improve on a skill).
Another thing might be to join any social media groups for your school/cohort and start connecting with your classmates. Might be nice to start to get to know people. You might also meet upper year students that way, who may offer advice and resources for you later in the semester. I just finished 3L at U of T and I'm studying for the bar exams, which means that I'm antsing for a welcome distraction - like the opportunity to sound knowledgeable by sharing school advice. I'm probably not the only one who feels this way. If it turns out I am, feel free to PM me here (or feel free anyways, I'm very open).
I wouldn't recommend reading law. There's no shortage of opportunity to do so once the semester begins.