Lyricist Lounge, Volume One is the first installment of Rawkus Records Lyricist Lounge album series, based on the Lyricist Lounge showcases in New York City. The double-disc compilation features De La Soul, Mos Def, Q-Tip, Tash of Tha Alkaholiks, Punch & Words, O.C., Ras Kass, Black Thought, Common, Pharoahe Monch, Saul Williams, Kool Keith, Talib Kweli & Hi-Tek, Bahamadia, Rah Digga, Shabaam Sahdeeq, Jurassic 5, KRS-One, Zack de la Rocha of Rage Against the Machine, Last Emperor and Company Flow.