Are the 'volunteers' suckering off the old roots? If so, your tree isn't as dead as you think. If you don't want to destroy your lawn, your only option is to cut the suckers down to about two inches and carefully paint the little stumps with full strength brush killer. You will be at it for awhile.
Are they comming up from seed? That's a lot easier to deal with - just pull them up, making sure to get at least the top of the root. If you leave any little stems, they will resprout.