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Derek James Luster

Business Attorney at Bloomington, IL

Not yet reviewed
  • State Years
    Colorado - CO 3 years
    Illinois - IL 17 years
  • Licensed for 3 years
    State CO
    Acquired 2021
    Active No misconduct found
  • Licensed for 17 years
    State IL
    Acquired 2007
    Active and Authorized to Practice Law No misconduct found

We have not found any instances of professional misconduct for this lawyer.

About Derek

Learn Derek’s areas of practice.

Derek J. Luster is an attorney at Allison & Mosby-Scott where he practices business law, as well as providing risk management consulting for the firm’s risk management consulting practice, Allison & Mosby-Scott Risk Management. Derek’s practice areas include business and commercial litigation; business organization and transactions; mergers and acquisitions; ERISA; agreements and contracts; captive insurance company taxation, formation, and regulation; real estate; and wills, trusts, and probate. Derek leverages his 10-plus years of legal experience and his broad knowledge-base to assist clients in resolving complex legal and business issues so they may reach their goals.

Prior to joining the firm, Derek was Senior Counsel, Mergers & Acquisitions at Archer Daniels Midland Company (ADM), a publicly-traded, Fortune 50 company. While in this role, Derek was entrusted with handling extraordinary large and complex cross-border transactions, including a $3 billion acquisition of a European flavorings business, the $1.3 billion sale of ADM’s cocoa processing business to a sovereign wealth fund, the $400 million sale of ADM’s chocolate business to a direct competitor of ADM, in addition to the $120 million sale of ADM’s Crop Risk Services to a private buyer. Before taking on the role of Senior Counsel, Mergers & Acquisitions, Derek served as Senior Counsel – Business Law at ADM, handling multiple sensitive and complex transactional and commercial issues.

A native of Central Illinois, Derek grew up in a small farming community prior to attending college at Southern Illinois University Carbondale. When enrolled there, he received a Bachelor of Science in Finance, with specializations in both Investments and Banking, and a minor in Accounting. Derek then attended Southern Illinois University School of Law while also working for ADM’s Insurance and Risk Management Department.

Derek and his fiancée, Alexandra Lakshmanan, have two dogs and he has been a life-long resident of Illinois. He enjoys spending time with family and friends, hunting, outdoor activities, and travel.


Allison & Mosby-Scott Law Office
210 1/2 North Williamsburg Drive
Bloomington, IL, 61704


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AVVO RATING 8.0 (Excellent)

Work Experience

  • Attorney
  • Allison & Mosby-Scott Law Office
  • 2018 - Present
  • Senior Counsel-Mergers & Acquisitions
  • Archer Daniels Midland Company
  • 2015 - 2017
  • Senior Counsel-Business Law
  • Archer Daniels Midland Company
  • 2013 - 2015
  • Attorney-Global Procurement & Strategic Sourcing
  • Archer Daniels Midland Company
  • 2011 - 2013
  • Attorney - Information Technology
  • Archer Daniels Midland Company
  • 2006 - 2011
  • Insurance and Risk Management
  • Archer Daniels Midland Company
  • 2004 - 2006
View all work experience


  • Southern Illinois University School of Law
  • JD - Juris Doctor
  • 2006
  • Southern Illinois University, Carbondale
  • BS - Bachelor of Science
  • 2003

Sample of Legal Cases

  • ADM Reaches Agreement for Sale of Crop Risk Services Business
  • Sale of $127.5 million dollar business
  • Sale of Global Cocoa Business to Olam International Limited
  • Sale of $1.2 billion dollar business
  • ADM Completes sale of Global Chocolate Business
  • Sale of $440 million dollar business


  • McLean County Bar Association
  • Member
  • 2018 - Present
  • Decatur Bar Association
  • Member
  • 2014 - Present
  • Illinois State Bar Association
  • Member
  • 2007 - Present

Languages Spoken

  • English

Attorney endorsements

Received (4)
Given (3)
Endorse Derek
Contracts and agreements Attorney | Mar 21
Relationship: Worked together on matter
"Derek brings a wide range of legal and analytical skills to any contract negotiation. He is grounded in his approach to problem solving but also constantly looking for creative legal ways to meet clients’ objectives. His negotiation skills are complimented by his keen ability to draft contracts that meet the business needs of his clients. I would strongly recommend Derek to any client in need of a strong advocate and skilled negotiator."
Mergers and acquisitions Attorney | Feb 13
Relationship: Worked together on matter
"I highly endorse Derek Luster. Derek and I worked together on the sale of a large crop insurance MGA as well as large owner controlled insurance program. Derek was always highly prepared and detailed. He used his unique legal perspective and skills to make sure that the client achieved its strategic goals."
Unknown Attorney | Feb 01
Relationship: Worked together on matter
"Derek has extensive experience in various areas, which serves him well in meeting his clients' objectives. He has provided valuable insights into the matter we worked on together. I highly endorse this attorney."
Business Attorney | Feb 01
Relationship: Worked together on matter
"Derek’s diverse experience provides excellent insight into resolving complex matters with a client’s desired outcome in mind. Derek was essential in determining a distribution of assets held in four different trusts with multiple beneficiaries. I highly endorse him."

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Bloomington Business Lawyer Derek James Luster
Derek James Luster
Business Attorney
Bloomington, IL
Licensed for 17 years