Larry C. Wallace

Larry C. WallaceLarry C. Wallace began his legal career in 1969 when he founded Wallace Law Firm in North Little Rock, Arkansas which grew to be the state’s largest law firm outside of Little Rock. In 1983, he merged his practice with an old line Little Rock firm and developed into the state’s second largest law firm.

His unique and distinguished reputation attracted an impressive list of clients. He is licensed before the U.S. Supreme Court, the District of Columbia Court of Appeals (Washington, D.C. courts), the Arkansas courts and Texas courts. His practice was centered around the laws of banking, broadcasting, corporate, environmental, estate planning, franchising, public finance, public utilities, real estate, tax, trade and transportation.

In 1992 he was appointed by then Governor Bill Clinton as a special Associate Justice of the Arkansas Supreme Court.

His influence and unparalleled knowledge of federal government operations was called upon by President Bill Clinton’s 1992 campaign staff and Transitional team. He served on Candidate Clinton’s Financial Committee. He has served as an advisor to federal officials, senators, congressmen, governors and business leaders.

He served and has acted as General Counsel and member of the Board of Directors of financial banking institutions, public utilities, including Arkla, Inc. (now NorAm), the nation’s third largest gas utilitiy, three television broadcasting corporations with affiliation with NBC, CBS, ABC, hospitals and health care institutions and nationally recognized commercial manufacturing firms.

Mr. Wallace has balanced his very active legal career with his strong commitment to community leadership. In 1985 he was named Citizen of the Year by the Arkansas March of Dimes.

In 1980 he served as chairman of the Board of Directors of the Greater Little Rock Chamber of Commerce. In 1984, 1992, and again in 1993 he served as Chairman of the Board of the United Way of Little Rock, Arkansas.

He served for ten years on the Board of Visitors of the University of Arkansas at Little Rock. He chaired the Philander Smith Capital Development Foundation and served for two years as the State Chairman of the UNCF drive. He served for 14 years on the Arkansas Children’s Hospital Board of Directors. He has also chaired the Boards of the Boy Scouts, the Boys and Girls Club and the March of Dimes.

Mr. Wallace received his Juris Doctor from the University of Arkansas School of Law, where he was an associate editor of the Arkansas Law Review. He has been distinguished as an outstanding alumnus of the School of Law. He has received an Honorary Doctorate of Humane Letters from the Philander Smith College.