Loyola University Chicago School of Law, J.D., cum laude, 2009

Colgate University, B.A., Political Science and Economics, cum laude, 2003



Hillary Phelps is a partner in Chapman's National Public and Health & Education Finance Department. Her practice focuses on serving as disclosure counsel, underwriter’s counsel, bond counsel, bank counsel, and borrower’s counsel in a wide variety of tax-exempt and taxable financings. She also advises clients with respect to various municipal securities issues, including post-issuance compliance and related regulatory issues.

Additionally, Hillary advises foreign and domestic financial institutions in a variety of credit and liquidity facilities for the benefit of municipal, health care, higher education, and not-for-profit borrowers.

Hillary’s career started at Chapman. Prior to rejoining the firm, she served as senior counsel in the Office of Municipal Securities at the U.S. Securities and Exchange Commission (SEC), which is responsible for administering SEC rules on the practices of broker-dealers, municipal advisors, investors, and issuers in the municpal securities area, focusing on rulemaking, legislation, and policy formulation.