boil off rate is more a function of the size of your boil vessel and strength of your boil, along with ambient factors like temperature and humidity, IIRC, rather than how much liquid you have.
adding the extract to the pot can also lead to scorching if you are not careful to mix it all very very well, I found it easier to add the extract to near boiling water thus dissolving it more evenly.
This is all assuming OP has a pot capable of holding 6.5 gallons of boiling wort(guessing at 1.5/hr boil off rate). I feel a full boil to be preferable, but when doing extract I found it easier to do a partial boil and then pour my wort over two 10 pound bags of ice to cool it down rather than fool with an immersion chiller inside or an ice bath.