I'm not as concerned with the "reckless driving" so much as when you talk about "getting involved with the wrong kind of people."
(I think if the reckless driving was followed by some sort of remedial class or something, and true repentance, I would be surprised if that would knock you out of contention.)
That tells me that maybe you need to work on your own individuality. A lot of times, an attorney might have to stand up for people whom the WHOLE WORLD has written off.
It is OPPOSITE of "going with the crowd."
Plus, how supportive are those "wrong kind of people" going to be when you start spending, say, 50 hours a week in the library?
I would work on tightening your circle of friends to the people who are going to be supportive.
Also, be truthful about the various convictions on your law school applications.