Lacy C. Kelly

Associate

Lacy Kelly is a transactional attorney who represents clients in real estate transactions, estate planning, and business law matters.

Location:
Oklahoma City

Email:
lckelly@phillipsmurrah.com

Call:
405.235.4100 Main
405.606.4719 Direct

Fax:
405.235.4133

Biography

Lacy Kelly is a transactional attorney who represents clients in real estate transactions, estate planning, and business law matters. She brings to her practice more than a decade of experience working in municipal government, with a particular focus on economic development and public finance in Oklahoma.

While in law school, Lacy graduated summa cum laude with highest academic honors from Oklahoma City University School of Law, where she earned specialty certificates in Business Law and Estate Planning. She served as Articles Editor of the Oklahoma City University Law Review, and her article, The Employee Trap: Developments in Training Repayment Agreement Provisions and Towards a Labor Market Free of Snares, was published in Volume 49, Number 2. Lacy was also named the 2023 William J. Holloway Scholar by the Oklahoma City Chapter of the Federal Bar Association, was a member of the William J. Holloway Inn of Court, and received multiple CALI Excellence Awards in subjects including Legislation and Regulation, Contracts, Evidence, and Wills, Trusts and Estates.

Originally from Oklahoma, Lacy earned dual bachelor’s degrees in Political Science and Spanish from the University of Oklahoma. She now lives in Classen Ten Penn with her spouse, Matt, and their small dogs. In her free time, she enjoys reading and singing at weddings and funerals.

Education

  • Oklahoma City University School of Law (J.D., 2025)
  • University of Oklahoma (B.A., 2009)

Admissions

  • Oklahoma

Professional Organizations

  • Student Member of the William J. Holloway Inn of the Court

Experience

  • Represented a Fortune 500 company in connection with its expansion into a market, including advising on zoning and land-use strategy to obtain approval for a use not expressly permitted under the applicable zoning code
  • Represented a multi-campus health system in real estate aspects of a merger and acquisition transaction
  • Represented a high-end residential subdivision developer in connection with the development and sale of subdivision lots
  • Represented a Fortune 500 company in analyzing deed restrictions and reversionary rights
  • Represents landlords and tenants in negotiating and drafting commercial lease agreements
  • Represents clients in the purchase and sale of commercial real estate, including negotiating and drafting letters of intent and purchase agreements, coordinating due diligence, and managing title, survey, and closing matters
  • Represents clients in estate planning matters, with a focus on blended-family planning and advising adult children assisting parents with wills, trusts, powers of attorney, and related incapacity and wealth-transfer planning
  • Represents clients in trust administration matters, including advising trustees and beneficiaries on fiduciary duties, distributions, accountings, and trust interpretation

Recognition

  • CALI Excellence Award for the Highest Grade in the following subjects: Legislation and Regulation, Contracts I, Contracts II, Evidence, Sales and Leases, Wills, Trusts and Estates, and Income Tax
  • 2023 William J. Holloway Scholar, Oklahoma City Chapter of the Federal Bar Association
  • 2024-2025 Articles Editor, Oklahoma City University Law Review
  • Publication in the OCU Law Review Journal, Volume 49, Number 2 – The Employee Trap: Developments In Training Repayment Agreement Provisions and Towards a Labor Market Free of Snares
  • Dean’s List and Faculty Honor Roll from Fall 2022 through Spring 2025
  • Specialty Certificates in both Business Law and Estate Planning
  • Graduating Summa Cum Laude, with Highest Academic Honors

Community

  • Mosaic Community Church, Chair of Administrative Council
  • Sasquatch Shaved Ice, Founding Board Member
  • 2025 Dean’s Pro Bono Award for 150+ Hours of Pro Bono Service

Publications

Lacy Kelly is a transactional attorney who represents clients in real estate transactions, estate planning, and business law matters. She brings to her practice more than a decade of experience working in municipal government, with a particular focus on economic development and public finance in Oklahoma.

While in law school, Lacy graduated summa cum laude with highest academic honors from Oklahoma City University School of Law, where she earned specialty certificates in Business Law and Estate Planning. She served as Articles Editor of the Oklahoma City University Law Review, and her article, The Employee Trap: Developments in Training Repayment Agreement Provisions and Towards a Labor Market Free of Snares, was published in Volume 49, Number 2. Lacy was also named the 2023 William J. Holloway Scholar by the Oklahoma City Chapter of the Federal Bar Association, was a member of the William J. Holloway Inn of Court, and received multiple CALI Excellence Awards in subjects including Legislation and Regulation, Contracts, Evidence, and Wills, Trusts and Estates.

Originally from Oklahoma, Lacy earned dual bachelor’s degrees in Political Science and Spanish from the University of Oklahoma. She now lives in Classen Ten Penn with her spouse, Matt, and their small dogs. In her free time, she enjoys reading and singing at weddings and funerals.

  • Oklahoma City University School of Law (J.D., 2025)
  • University of Oklahoma (B.A., 2009)
  • Oklahoma
  • Student Member of the William J. Holloway Inn of the Court
  • Represented a Fortune 500 company in connection with its expansion into a market, including advising on zoning and land-use strategy to obtain approval for a use not expressly permitted under the applicable zoning code
  • Represented a multi-campus health system in real estate aspects of a merger and acquisition transaction
  • Represented a high-end residential subdivision developer in connection with the development and sale of subdivision lots
  • Represented a Fortune 500 company in analyzing deed restrictions and reversionary rights
  • Represents landlords and tenants in negotiating and drafting commercial lease agreements
  • Represents clients in the purchase and sale of commercial real estate, including negotiating and drafting letters of intent and purchase agreements, coordinating due diligence, and managing title, survey, and closing matters
  • Represents clients in estate planning matters, with a focus on blended-family planning and advising adult children assisting parents with wills, trusts, powers of attorney, and related incapacity and wealth-transfer planning
  • Represents clients in trust administration matters, including advising trustees and beneficiaries on fiduciary duties, distributions, accountings, and trust interpretation
  • CALI Excellence Award for the Highest Grade in the following subjects: Legislation and Regulation, Contracts I, Contracts II, Evidence, Sales and Leases, Wills, Trusts and Estates, and Income Tax
  • 2023 William J. Holloway Scholar, Oklahoma City Chapter of the Federal Bar Association
  • 2024-2025 Articles Editor, Oklahoma City University Law Review
  • Publication in the OCU Law Review Journal, Volume 49, Number 2 – The Employee Trap: Developments In Training Repayment Agreement Provisions and Towards a Labor Market Free of Snares
  • Dean’s List and Faculty Honor Roll from Fall 2022 through Spring 2025
  • Specialty Certificates in both Business Law and Estate Planning
  • Graduating Summa Cum Laude, with Highest Academic Honors
  • Mosaic Community Church, Chair of Administrative Council
  • Sasquatch Shaved Ice, Founding Board Member
  • 2025 Dean’s Pro Bono Award for 150+ Hours of Pro Bono Service
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