01
Real Estate
Acquisitions, dispositions, leasing, development, and financing for commercial and investment property across Texas.
Austin, Texas Business Counsel
Considered counsel
for the way business
actually gets done.
Lackey & Smith PLLC is an Austin-based firm advising clients on business, real estate, litigation, sports, and entertainment matters — with the judgment of a long-tenured practice and the responsiveness of a small firm.
Austin-BasedBusiness CounselReal EstateLitigationSports & Entertainment
The Firm
A small firm built around long-term clients and real-world business matters.
We work with founders, operators, investors, and individuals who value direct, experienced legal counsel without the layers of a larger firm. Our practice is intentionally focused so that we can be deeply useful in the matters we handle.
The work is relationship-driven and oriented toward outcomes — protecting what clients have built, closing the next deal cleanly, and resolving disputes in a way that lets them keep doing business.
Practice Areas
What we do
A focused set of practice areas, handled with clear guidance and practical judgment.
02
Business Transactions
Formation, governance, contracts, and M&A guidance for closely held companies and their owners.
03
Litigation
Considered, efficient representation in business, contract, and commercial disputes — in negotiation and at trial.
04
Sports & Entertainment
Counsel for athletes, creators, agencies, and brands on representation, licensing, and sponsorship matters.
05
General Business Counsel
Ongoing outside-counsel support for day-to-day legal questions and longer-horizon strategic decisions.
Attorneys
The people behind the practice.
Lance T. Lackey
Founding PartnerLance Lackey represents clients in commercial litigation involving contract disputes, business torts, consumer class actions, product liability, real estate and property disputes, unfair competition, theft of trade secrets, copyright infringement, and false advertising. His practice also encompasses a wide variety of administrative and regulatory disputes. Law & Politics magazine recognized Lance as a "Rising Star" in business litigation in 2004, 2006, and 2007.
Patrick O. "Wheels" Smith
Founding PartnerPatrick Smith, better known by his high school baseball nickname "Wheels," assists clients in all aspects of real estate projects — industrial developments, retail shopping centers, office buildings, condominiums, hotels, farm and ranch acquisitions, and mixed-use projects. Over the course of his career, he has represented owners, developers, landlords, and tenants across leasing, acquisition, development, planning, construction, and sales matters, as well as mortgage lenders on a range of lending issues.
How We Work
A way of practicing that holds up over years, not just transactions.
The principles below are how we choose matters, communicate with clients, and decide where to invest our attention.
- 01
Practical guidance
Plainly stated advice grounded in your business goals — not abstract theory.
- 02
Long-term relationships
We invest in clients we expect to work with for years, not single matters.
- 03
Clear communication
Direct answers, predictable updates, and no jargon for its own sake.
- 04
Thoughtful strategy
Each matter is approached with judgment about cost, leverage, and outcome.
- 05
Business-minded
We understand the commercial context behind the legal question.
Get in touch
Need practical counsel? Start with a conversation.
Reach out with a brief description of your matter, and the firm will respond directly.
Contact
Tell us what you're working on.
Reach out with a brief description of your matter, and the firm will respond directly.
Send an InquiryLance Lackey
llackey@lackeysmith.comPhone
(512) 633-4379
Mon – Fri, 9am – 5pm CT
Email
llackey@lackeysmith.com
Direct response from the firm