Lydia Webb

Honoree Image

Lydia Webb

Gray Reed & McGraw LLP, Dallas, TX

“[Lydia] is a straight-shooter and the kind of attorney who has the political and social acumen to know how to deliver an unpopular opinion when necessary.”

LYDIA is a partner at Gray Reed, where she focuses her practice on representing and advising debtors, creditors, committees and post-confirmation trustees in bankruptcy cases and other insolvency or restructuring scenarios. She has guided clients to successful results in complex cases before courts throughout Texas and many other states, including Oklahoma, Delaware and New York. With cases spanning several industries, including oil and gas, health care, retail, manufacturing and restaurants, she focuses on the industry-specific regulations and issues that will affect her clients.

Lydia is listed in The Best Lawyers in America for Bankruptcy and Creditor/Debtor Rights/Insolvency and Reorganization Law (2021-2022) and Bankruptcy Litigation (2022), and was selected to participate in the National Conference of Bankruptcy Judges NextGen program in 2019. She also has been named a Rising Star by Texas Super Lawyers as published in Texas Monthly and Texas Super Lawyers since 2018. She is a member of the Dallas Fort Worth Association of Young Bankruptcy Lawyers and is its Social chair, and she is a member of the Dallas Bar Association’s Bankruptcy Section, ABI, The Hon. John C. Ford American Inn of Court and the International Women’s Insolvency & Restructuring Confederation.

Lydia serves on her firm’s art, website and brand committees. In addition, she assists the firm’s hiring partner in running the firm’s summer associate program, and acts as a mentor to each summer associate. Outside of work, she is active in her church, where she leads business meetings as a church officer and mentors 25 high school freshmen via a weekly Bible study. She also annually serves immigrant families at the Mexican border through the organization Hearts4Kids, and she is a member of the advisory board for Dallas Summer Musicals (DSM), the preeminent nonprofit presenter of Broadway theater in North Texas, and a founding member of its Women’s Ensemble, which seeks to annually provide underprivileged students with free tickets to attend Broadway performances. In 2020, she was selected as one of approximately 50 professionals to participate in the Leadership Arts Institute, which develops next-generation business leaders committed to fostering the arts in North Texas. She served as one of three co-chairs of the class project, which raised more than $30,000 during the pandemic to provide artistic opportunities to area homeless youth.


  • J.D., Cum Laude, Baylor University School of Law
  • B.B.A., Finance and Economics, Baylor University