You don't need the in.
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Mr. Tom
He lacks common sense.
He is lacking in common sense.
Mr. TomTo me, this is not incorrect, but it's less usual. Normally the word "in" is omitted here.
Could you please see the original sentence also?
...greatly lacks in...
Mr. TomAnd am I supposed to understand that "lacking" is adjective?Yes, it behaves as an adjective here.
Mr. TomHe is very lacking [adjective] in common sense.This is OK.
Mr. TomCan we lack something greatly?To me, constructions like "She greatly lacks confidence" are acceptable, but "She lacks confidence greatly" doesn't sound right.
Mr. TomNot really. You do not need the word "mainly". Apart from that it's OK.
PS: Is the yellow part correct?