Larry has participated as a director of many publicly-traded companies, including Belo Corporation and Commercial Metals Company. From December 2008 until March 2012, he was a government-appointed director of Freddie Mac. Larry is an Honorary Director of the Senior Citizens of Greater Dallas and was a member of the Board of Directors of Methodist Hospitals in Dallas for many years.

He has been awarded the Pacesetters Award from the Black State Employees Association of Texas, the Award of Excellence from the Dallas Historical Society and an Honorary Doctorate of Civil Laws from the University of Dallas. Mr. Hirsch was admitted to the Order of the Bene Merito by the government of Poland and received the Founders Award from Johns Hopkins SAIS.

Hirsch holds a Master's Degree in International Public Policy from Johns Hopkins School of Advanced International Studies (SAIS), as well as a J.D., cum laude, from the Villanova University Law School and a B.S. in Economics from The Wharton School at the University of Pennsylvania.