Education
Clemson University, BSME, 1965
University of Tennessee, J.D., 1973
Loy Waldrop, Jr. is retired from the direct representation of clients in litigation. He is now Of Counsel with Lewis Thomason for the mediation or arbitration of construction disputes and for consultations with clients and attorneys concerning construction projects. Using his experience as an arbitrator, he served as Special Master for motion hearings and the 2022 trial of a Chancery Court construction case concerning a multi-million-dollar project with over $1 million in claims including testimony of 15 witnesses in six trial days. His report findings and conclusions were adopted by the Chancellor and entered as the final judgment of the ...
Loy Waldrop, Jr. is retired from the direct representation of clients in litigation. He is now Of Counsel with Lewis Thomason for the mediation or arbitration of construction disputes and for consultations with clients and attorneys concerning construction projects. Using his experience as an arbitrator, he served as Special Master for motion hearings and the 2022 trial of a Chancery Court construction case concerning a multi-million-dollar project with over $1 million in claims including testimony of 15 witnesses in six trial days. His report findings and conclusions were adopted by the Chancellor and entered as the final judgment of the Court. Mr. Waldrop is a Tennessee Supreme Court Rule 31 Listed General Civil Mediator and limits his mediation practice to construction disputes.
During his 46-year litigation career he represented contractors, designers, developers, owners, sureties, and material suppliers in a wide range of construction industry matters. Mr. Waldrop’s s litigation experience included clients involved with claims as high as $250 million. He represented contractors concerning claims ranging from payment issues to complex differing site conditions and scheduling claims. He participated in hundreds of court cases and arbitration proceedings and personally tried dozens of jury and bench trials and arbitration hearings to verdict. He was regularly engaged in contract reviews, negotiations, mediations, and arbitrations. His practice involved the construction industry almost exclusively for 35 years and included pro bono representations of homeowners.
Mr. Waldrop is a Distinguished Military Graduate of Clemson University and served in the U. S. Army Security Agency from 1966-68, reaching the rank of Captain. After his military service, he worked as a mechanical engineer in an industrial facility prior to attending law school at the University of Tennessee where he was an honors graduate.
AFFILIATIONS
- Knoxville Bar Association
- Tennessee Bar Association
PROFESSIONAL HONORS AND ACTIVITIES
- Selected by American Lawyer Media and Martindale-Hubbell as Elite Lawyer of the South 2017
- Selected and listed in “2016 Top Rated Lawyers in Construction Law”, American Lawyer Media and
- Martindale-Hubbell
- Named to The Best Lawyers in America©, Construction Law Litigation – Construction
- Best Lawyers®: 2011, 2014, 2017 & 2019 Construction “Lawyer of the Year” in Knoxville
- Best Lawyers® 2012, 2015 and 2017 Construction Litigation “Lawyer of the Year” in Knoxville
- Mid-South Super Lawyers 2008-18
- Member, Tennessee Bar Association committee responsible for drafting Tennessee’s construction lien
- statutes enacted in 2007
- Past president, local chapter of the Construction Specifications Institute
- Past member, Board of Directors, American Subcontractors Association, Associated Builders and Contractors
- Past member, Board of Directors, Tennessee Association of Construction Counsel
- Executive Editor of the University of Tennessee Law Review
