Randell D. Wallace

Mr. Wallace is the Partner in Charge of the Firm’s Springfield, Missouri office.

He counsels local, regional and national developers, lenders and institutions in real estate acquisition and divestiture, planning and zoning matters, economic development and redevelopment incentives, lending transactions, foreclosure, bankruptcy and workouts, leasing, and condominium formation and operation.

He also practices in mergers and acquisitions, corporate finance, securities, and economic development incentives. He has represented purchasers and sellers in merger and acquisition transactions in the technology, food and agribusiness, pharmaceutical, and manufacturing industries. He has also represented technology, security and financial companies in private placements of securities.

Mr. Wallace was named a finalist for the 2008 “Lawyer of the Year” by the Missouri Lawyers Weekly for his representation of the McQueary Bros. Drug Co. in its $190 million acquisition by McKesson Corp., the 18th ranked company on the Fortune 500 list. McQueary Bros., a family-owned company founded in 1924, was a regional distributor of pharmaceutical, health and beauty products to more than 400 independent pharmacies in seven states.

He has also been selected for inclusion in Best Lawyers in America® every year since 2003, and as a Missouri/Kansas Super Lawyer every year since 2005.

He currently serves as the Past Chairman of the Board of Directors of the Missouri Partnership, the State of Missouri’s public-private, not-for-profit corporation that markets Missouri for new business investment and recruits new industry and jobs to the state. He has also served as Chairman of the Springfield Area Chamber of Commerce, President of the Springfield Business Development Corporation, Chairman of the Greene County Planning & Zoning Board, and President of Leadership Springfield. He also led the Springfield Area Chamber of Commerce’s first trade mission to China.

Mr. Wallace has written articles and made presentations for the Missouri Bar, has made numerous presentations to community and economic development agencies, and has authored a general audience column on real estate law for a local newspaper and a private news letter on real estate and business topics for real estate and lending professionals.

Representative transactions:

Real Estate and Economic Development

  • Land assembly and rezoning of more than 20 separately owned parcels totaling over 100 acres for construction of new regional medical center to replace tornado- destroyed medical center. Assisted with negotiations with Municipal, State, and Federal highway and emergency management agencies.

  • Representation of developer in negotiation and approval of Tax Increment Financing agreement for a 90 acre retail and mixed use development.

  • Land assembly, annexation and rezoning of multiple parcels aggregating over 100 acres for commercial mixed-use development anchored by specialty hospital facility. Project involved negotiation of development agreement with city, county and state governments for construction of modified highway interchange and new major arterial and Transportation Development District to finance infrastructure improvements.
  • Land assembly and rezoning of multiple parcels for new campus of community college.
  • Represented developer in redevelopment of center-city property for multi-screen movie theater and mixed-use space. Project involved combination of Transportation Development District and Community Improvement District to fund construction of multi-level condominium parking structures. 
  • Represented land developer in economic development project to attract telecommunications call center--largest, single job-creation project in Springfield in the last 50 years. 
  • Creation of one of City’s first privately proposed Community Improvement Districts to assist developer in financing infrastructure improvements. 
  • Successfully appealed recommendation of denial by Planning and Zoning Commission of tax credit housing project to City Council. 
  • Successful rezoning and amendment of planned development of two of largest power shopping centers in southwest Missouri.
  • Representation of numerous developers before city and county planning and zoning commissions and city councils in more than ten jurisdictions in southwest Missouri.
  • Formation of numerous mixed-use and residential condominium projects. 
  • Representation of lenders and developers in financings of Section 42 tax credit affordable housing projects. 
  • Represented Springfield Area Chamber of Commerce on two 10-day trade missions to China.

Corporate and Mergers and Acquisitions

  • Represented regional distributor of pharmaceutical products in $190 million merger with the 18th ranked company on Fortune 500 list. 
  • Represented purchaser in acquisition of chain of supermarkets in Oklahoma. 
  • Represented management of supermarket chain in creation of ESOP-owned company and acquisition of operating assets. 
  • Formed U.S. subsidiary of Canadian manufacturing company and represented subsidiary in sale of its assets to U.S. Fortune 500 Company. 
  • Represented purchasers of several divisions of U.S. Fortune 500 Company. 
  • Advised angel capital network on compliance with securities laws. 

Court Memberships

  • Missouri 


  • Missouri Lawyers Weekly, “Lawyers of the Year,” 2008
  • Selected among The Best Lawyers in America®, 2003-2017
  • Selected for Missouri/Kansas Super Lawyers, 2005-2016

Professional Affiliations

Civic and Charitable Affiliations

  • Missouri Partnership – State of Missouri’s Public-Private Economic Development Agency
    • Chairman, Board of Directors, 2011 to 2013
    • Member, Board of Directors, 2006 to present
  • Springfield Area Chamber of Commerce
    • Chairman, Board of Directors, 2005
    • Member, Board of Directors, 2001 to 2006, and 2009
  • Springfield Business Development Corporation
    • President, 2009
    • Member, Board of Directors, 2005 to 2009
  • Greene County Planning & Zoning Board
    • Chair, 1997-2000
    • Board Member, 1993-2000
  • Leadership Springfield, Community Leadership Program
    • President, 1999-2000
    • Board of Directors, 1994-2000
  • Springfield Good Government Committee, Secretary, 2008 to present
  • Home Builders Association of Springfield, Member, Board of Directors, 2012
  • Partnership Industrial Center West Administrative Council, Vice-President, 2009
  • Partnership Industrial Center Administrative Council, Member, 2005
  • Springfield Convention and Visitors Bureau, Member, Board of Directors, 2004
  • Wilson’s Creek National Battlefield Foundation, Board of Directors, 2006-2007
  • Jordan Valley Park Advisory Committee, Member, 2004-2006
  • Community Leadership Forum, Member, 2005
  • Good Community Committee, Member, 2004-2005
  • Junior Achievement of the Ozarks, Member, Board of Directors, 2000
  • Ozarks Food Harvest, Member, Board of Directors, 1986 to 1992

Professional Affiliations

  • Member, International Council of Shopping Centers
  • American Bar Foundation, Life Fellow


  • Springfield Business Development Corporation Annual Report, 2009
  • Author, Deeds of Trust and Security Instruments, II Mo. Real Estate Practice (MoBar 4th ed. 2000)
  • Author, Real Estate Leases and Effects of Foreclosure, Journal of The Missouri Bar, March/April 1997
  • Editor, Property Law Section of Courts and CLE Bulletin (Southern & Western Districts), The Missouri Bar (1993-1995)
  • Author, Advice from the Professional column, Springfield News-Leader (1992-1995)
  • Co-Author, Annual Survey of the Law – Real Estate, The Missouri Bar (1992-1993)
  • Author, The Listing Contract, Basic Real Estate Law in Missouri, National Business Institute, Inc. (1991)
  • Co-Author, Credit Issues and Liens, Advanced Real Estate Law, National Business Institute, Inc. (1991)
  • Author, The Listing Contract, Basic Real Estate Law in Missouri, National Business Institute, Inc. (1990)


  • Moderator of “Development Community” panel at 4th Annual Economic Conference presented by the Springfield Business Development Corporation on October 9, 2007
  • Missouri Economic Development Council, 2006 Fall Conference, “Do’s and Don’ts of Negotiating from the Development Attorney’s Perspective,” November 8, 2006
  • Missouri Community Development Conference, Overview of Community Financing Tools—CID’s, TDD’s, NID’s 353’s and TIF, January 27, 2006
  • Ozarks Regional Economic Partnership, Annual Meeting, Doing Business in China , October 28, 2005
  • Lathrop & Gage LLP, Economic Development and Redevelopment Tools and Issues in Southwest Missouri, March 31, 2004
  • The Missouri Bar, Annual Real Estate Institute, Land Use and Development Controls, May 17, 2002
  • Ozark Mountain Section, American Planning Association, Legal Issues Involved with Transfer of Development Rights, July 16, 1999
  • The Missouri Bar, “Creditors Rights and Remedies,” Deeds of Trust and Assignment of Rents, April 1, 1999
  • Society of Independent Accountants, New Business Entities in Missouri: LLC’s, LLP’s and LLLP’s, September 29, 1997
  • Professional Engineers Society, Storm Water Design Issues, July 9, 1997
  • KWTO Radio, Ask a Professional Talk Radio Show, “Real Estate Issues,” June 30, 1995, and June 16, 1995
  • National Business Institute, Inc., Limited Liability Companies. The Entity of Choice in Missouri, June 22, 1994
  • The Missouri Bar, Annual Survey of the Law, Real Estate, June 16, 1994
  • The Missouri Bar, Annual Survey of the Law, Real Estate, June 18, 1993
  • National Association of Purchasing Management and Missouri Association of Public Purchasing, Legal Issues for the Purchasing Professional, April 15, 1993
  • National Association of Legal Secretaries Official Training Course, Real Estate, October 29, 1992
  • Annual Meeting of The Missouri Bar, Annual Survey of the Law, Real Estate, October 1, 1992
  • The Missouri Bar, Annual Survey of the Law, Real Estate, June 5, 1992
  • National Business Institute, Inc., Basic Real Estate Law in Missouri, October 11, 1991
  • National Business Institute, Inc., Advanced Real Estate Law in Missouri, June 28, 1991
  • Society of Independent Accountants, Recent Developments in Corporate Law, November 15, 1990
  • The Missouri Bar, Practical Skills Course, Business Organizations, November 15, 1990
  • National Business Institute, Inc., Basic Real Estate Law in Missouri, June 5, 1990
  • The Missouri Bar, Practical Skills Course, Business Organizations, August 31, 1989
Photo of Randell D. Wallace
  • Springfield
    910 East St. Louis Street
    Suite 100
    Springfield, MO 65806-2523
F: 417.886.9126
Audrey Phillips


Vanderbilt University Law School, J.D., 1985

Drury University, B.A., 1982