Lyricist Lounge, Volume One is the second hip hop compilation album by American record label Rawkus Records.

The double-disc was released on May 5, 1998, as the first installment of the Lyricist Lounge album series, based on New York's Lyricist Lounge showcases.

Production was handled by Shawn J Period, 88-Keys, Kenny Diaz, Will Tell, Charlemagne, Curt Cowdy, Cut Chemist, Derrick Trotman, DJ Nu-Mark, DJ Scratch, El-P, Ge-Ology, G.M., Hi-Tek, Keith Horne, Megahertz, Native Sun, Nottz, Saul Williams, Stix Bones and V.I.C., with Danny Castro, Ant Marshall and Perry Landsberg serving as executive producers.

It features contributions from Bahamadia, Black Thought, Common, Company Flow, De La Soul, Jurassic 5, Kool Keith, KRS-One, Mos Def, Natural Elements, O.C., Pharoahe Monch, Punchline, Q-Tip, Rah Digga, Ras Kass, Saul Williams, Shabaam Sahdeeq, Talib Kweli, Tash, The Last Emperor, Thirstin Howl III, Wordsworth and Zack de la Rocha among others.

(Criminals In Action)" peaked at #33 on the Hot Rap Songs chart.