It looks like Laurence to me, I have had a Lawrence become a Laurence and vice versa in my Laurence/Lawrence line as a surname and spelled both ways also as a first name.
As Sue stated it depends on the person recording it, one of my ancestors who was baptised William Tibbles in Chelmsford Essex in 1776, married as William Tibbel in Stebbing Essex. William and his wife Sarah had 13 children born in Stebbing, the first child had the name spelled Tibbold , the 2nd Theobald, the next 4 Tibbold, the remaining 7 Tibbald. In the next generation also at Stebbing it was Theobald.