I agree with this. However, there are many other things you can be doing to improve your chances even more.
You still have time to find some work experience - doesn't have to be at the biggest law firms but can be at smaller high street firms or legal clinics. In fact, it doesn't even have to be legal. If you can get work experiences in professional services experience e.g. marketing, accounting, audit, consulting and the like then they will have plenty of transferrable skills you can leverage. If you have part-time employment then they are also really good to demonstrate transferrable skills. Depending on your background, there are also organisations that can help you gain experience such as Aspiring Solicitors, SEO London, upReach etc. There are also plenty of virtual experiences that you can get through the Legal Cheek Vacation Scheme/Bright Network Internships and Forage. White & Case have said that they'll recognise these (especially their Forage one) as real experience and with firms that don't necessarily recognise it as proper work experience, it will still show them that you're interested in the career. Apply to lots of open days and insight events as well, you'll build your network and get your foot in the door which is a great start!
Apart from work experience, make sure you get involved in societies/sports teams and take leadership positions if you can. They will also help with demonstrating transferrable skills. If your university/uni law society run competitions (negotiations/mooting/commercial awareness) get involved as it'll give you something else to talk about in apps and if you win that's even more impressive. It's also a good idea to get involved in any pro-bono activities your uni might be running, be that helping out in legal clinics or providing free consulting services to small local businesses.
I think GR recognise that getting a VS is super hard but if you can show that you've got good grades (at least a 2:1 in second year is also v important), the transferrable skills through work experiences and extra-curriculars and a genuine commitment to the industry (through open days etc.) then you will have higher chances imo.