Lawrence only missed four league matches in six seasons between 1963 and 1969 under manager Bill Shankly as they won the old First Division league title twice and claimed the FA Cup for the first time.
"The thoughts of everybody at the club are with Tommy's family and friends at this sad time," Liverpool said in a statement.
He won three caps for Scotland and also played for Tranmere Rovers for three years after leaving Anfield in 1971.
(Reporting by Hardik Vyas in Bengaluru; Editing by Christian Radnedge)
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