Previously, she was editor-at-large at Los Angeles magazine. She also served as a senior writer at Conde Nast Portfolio, thebusiness magazine that launched in May 2007 and closed two years later. She came to Portfolio from the Los Angeles Times, where she was the deputy business editor who ran entertainment and technology coverage. Prior to becoming an editor, she was a senior writer at Los Angeles magazine, where her September 2001 profile of Peter Bart, the editor in chief of the 102-year-old trade paper Daily Variety, was a finalist for both the National Magazine Award and the Gerald F. Loeb Award in 2002.
Wallace began her career as an assistant to New York Times columnist James Reston after graduating cum laude with a B.A. in history from Yale. She then spent two years at the Atlanta Journal-Constitution covering prisons and death row, among other things, and 11 years at the Los Angeles Times covering state politics, higher education, and the entertainment industry.
While at the L.A. Times, she shared in two staff-wide Pulitzer Prizes: in 1992, for coverage of the Los Angeles riots, and in 1994, for coverage of the Northridge earthquake.
Wallace’s work has appeared in GQ, Wired, The New Yorker, Esquire, Vanity Fair, Details, The Nation, the New York Times Magazine, Elle, More, and other national publications. For about 18 months ending in 2011, she wrote a monthly column on creativity and innovation (called “Prototype”) for the New York Times Sunday Business section. Her stories and interviews have also been included in The Best American Science Writing 2010, The Best American Magazine Writing 2002, The Meanings of Dress, a textbook for design and merchandising students, and The Meaning of Life: Wisdom, Humor, and Damn Good Advice from 64 Extraordinary Lives, a compilation of Esquire’s “What I’ve Learned” columns.