Lattice QCD in this decade has succeeded in producing essential results for crucial components of Standard Model phenomenology such as constraints on the rho-eta plane. Much more will be required of lattice gauge theory in the LHC era: sub-per cent precision in QCD quantities and the ability to calculate in strongly interacting sectors of Beyond-the-Standard-Model theories such as SUSY or technicolor. I will review the status of current calculations and the prospects for accomplishing what needs to be done in the coming years.