Forty Under 40: Burton “Chip” Stacy, Jr.

Chip Stacy became interested in law because he knew it would complement whatever business career he chose to pursue. But instead of winding up with a business profession, his law practice mostly involves general corporate law and creditor rights for banks.

Stacy earned his bachelor’s at Missouri State University and his MBA at the University of Arkansas before he got his law degree from Southern Method-ist University in 1994.

Stacy was then a law clerk for Judge James Mixon in bankruptcy court in Little Rock until he landed a job with the Riggs & Abney firm in Tulsa. He joined Tulsa-based firm Conner & Winters in 1998 where he had a general practice and represented banks until he partnered with Rick Hood and started his own Bentonville firm in 2000.

The firm now has seven lawyers, he said. He counts building the office and growing the business along with the community as his fondest career achievement so far.

Stacy is on the board of directors for the Bentonville Library, coaches little league baseball and is involved in the Great Strides Walk that funds the Cys-tic Fibrosis Foundation.

“Work hard, don’t neglect the business side of your practice,” was Stacy’s best advice to young lawyers.