diff --git a/django_pydantic_field/v1/__init__.py b/django_pydantic_field/v1/__init__.py
index 18afb0d..0a9ff24 100644
--- a/django_pydantic_field/v1/__init__.py
+++ b/django_pydantic_field/v1/__init__.py
@@ -1,6 +1 @@
-from django_pydantic_field.compat.pydantic import PYDANTIC_V1
-
-if not PYDANTIC_V1:
-    raise ImportError("django_pydantic_field.v1 package is only compatible with Pydantic v1")
-
 from .fields import *  # noqa: F403
diff --git a/django_pydantic_field/v1/base.py b/django_pydantic_field/v1/base.py
index 414e369..b85994b 100644
--- a/django_pydantic_field/v1/base.py
+++ b/django_pydantic_field/v1/base.py
@@ -1,9 +1,15 @@
 import typing as t
 
-import pydantic
+try:
+    from pydantic import v1 as pydantic
+    from pydantic.v1.json import pydantic_encoder
+    from pydantic.v1.typing import display_as_type
+except ImportError:
+    import pydantic
+    from pydantic.json import pydantic_encoder
+    from pydantic.typing import display_as_type
+
 from django.core.serializers.json import DjangoJSONEncoder
-from pydantic.json import pydantic_encoder
-from pydantic.typing import display_as_type
 
 from .utils import get_local_namespace, inherit_configs
 
diff --git a/django_pydantic_field/v1/fields.py b/django_pydantic_field/v1/fields.py
index 22a7850..00bb89f 100644
--- a/django_pydantic_field/v1/fields.py
+++ b/django_pydantic_field/v1/fields.py
@@ -3,7 +3,11 @@
 import typing as t
 from functools import partial
 
-import pydantic
+try:
+    import pydantic.v1 as pydantic
+except ImportError:
+    import pydantic
+
 from django.core import exceptions as django_exceptions
 from django.db.models.expressions import BaseExpression, Value
 from django.db.models.fields import NOT_PROVIDED
diff --git a/django_pydantic_field/v1/forms.py b/django_pydantic_field/v1/forms.py
index 6cfaad4..e1236e1 100644
--- a/django_pydantic_field/v1/forms.py
+++ b/django_pydantic_field/v1/forms.py
@@ -3,7 +3,11 @@
 import typing as t
 from functools import partial
 
-import pydantic
+try:
+    import pydantic.v1 as pydantic
+except ImportError:
+    import pydantic
+
 from django.core.exceptions import ValidationError
 from django.forms.fields import InvalidJSONInput, JSONField
 from django.utils.translation import gettext_lazy as _
diff --git a/django_pydantic_field/v1/rest_framework.py b/django_pydantic_field/v1/rest_framework.py
index dc2721e..a7e02ae 100644
--- a/django_pydantic_field/v1/rest_framework.py
+++ b/django_pydantic_field/v1/rest_framework.py
@@ -1,7 +1,12 @@
 import typing as t
 
 from django.conf import settings
-from pydantic import BaseModel, ValidationError
+
+try:
+    from pydantic.v1 import BaseModel, ValidationError
+except ImportError:
+    from pydantic import BaseModel, ValidationError
+
 from rest_framework import exceptions, parsers, renderers, serializers
 from rest_framework.schemas import openapi
 from rest_framework.schemas.utils import is_list_view
diff --git a/django_pydantic_field/v1/utils.py b/django_pydantic_field/v1/utils.py
index 3a8622b..1a31f24 100644
--- a/django_pydantic_field/v1/utils.py
+++ b/django_pydantic_field/v1/utils.py
@@ -3,7 +3,10 @@
 import sys
 import typing as t
 
-from pydantic.config import BaseConfig, inherit_config
+try:
+    from pydantic.v1.config import BaseConfig, inherit_config
+except ImportError:
+    from pydantic.config import BaseConfig, inherit_config
 
 if t.TYPE_CHECKING:
     from pydantic import BaseModel
diff --git a/tests/v1/schema.py b/tests/v1/schema.py
new file mode 100644
index 0000000..c984e8a
--- /dev/null
+++ b/tests/v1/schema.py
@@ -0,0 +1,26 @@
+import typing as t
+from datetime import date
+
+try:
+    import pydantic.v1 as pydantic
+except ImportError:
+    import pydantic
+
+from pydantic.dataclasses import dataclass
+
+
+class InnerSchema(pydantic.BaseModel):
+    stub_str: str
+    stub_int: int = 1
+    stub_list: t.List[date]
+
+    class Config:
+        allow_mutation = True
+        frozen = False
+
+
+@dataclass
+class SampleDataclass:
+    stub_str: str
+    stub_list: t.List[date]
+    stub_int: int = 1
diff --git a/tests/v1/test_base.py b/tests/v1/test_base.py
index 8637e30..686c9f9 100644
--- a/tests/v1/test_base.py
+++ b/tests/v1/test_base.py
@@ -3,10 +3,14 @@
 from datetime import date
 from uuid import UUID
 
-import pydantic
+try:
+    import pydantic.v1 as pydantic
+except ImportError:
+    import pydantic
+
 import pytest
 
-from tests.conftest import InnerSchema, SampleDataclass
+from .schema import InnerSchema, SampleDataclass
 
 base = pytest.importorskip("django_pydantic_field.v1.base")
 
diff --git a/tests/v1/test_forms.py b/tests/v1/test_forms.py
index a816d25..36e4c34 100644
--- a/tests/v1/test_forms.py
+++ b/tests/v1/test_forms.py
@@ -5,7 +5,7 @@
 from django.core.exceptions import ValidationError
 from django.forms import Form, modelform_factory
 
-from tests.conftest import InnerSchema
+from .schema import InnerSchema
 from tests.test_app.models import SampleForwardRefModel, SampleSchema
 
 fields = pytest.importorskip("django_pydantic_field.v1.fields")
diff --git a/tests/v1/test_rest_framework.py b/tests/v1/test_rest_framework.py
index f23bbdf..06333bf 100644
--- a/tests/v1/test_rest_framework.py
+++ b/tests/v1/test_rest_framework.py
@@ -9,7 +9,7 @@
 from rest_framework.decorators import api_view, parser_classes, renderer_classes, schema
 from rest_framework.response import Response
 
-from tests.conftest import InnerSchema
+from .schema import InnerSchema
 from tests.test_app.models import SampleModel
 
 rest_framework = pytest.importorskip("django_pydantic_field.v1.rest_framework")