Independent General Counsel Services

Outside v. Fractional General Counsel

IGC Services offers both outside and fractional general counsel services.

A fractional general counsel is hired on a part-time basis operating like an internal executive. An outside general counsel is typically hired on an as-needed basis without full integration within a company.

In either capacity, IGC Services aims to provide strategic, risk-based, cost-efficient counsel focused on the firm as a whole.

Get in Touch:

hilary.decarlo@independentgcservices.com

‪(708) 512-4486‬

How can IGC Services help?


Trading & Capital Markets

  • Clearing Agreement Review

  • Market Data and Software License Review

  • Co-location Agreement Review

  • Credit Lines and RBMF Review

  • SIFMA MRA, GMRA, and MSFTA Annex I Review

  • ISDA Master Agreement Schedule Review

  • Exchange Membership

  • Exchange Agreements: incentive programs, market data, and position limit exemption applications


Regulatory & Compliance

  • Exchange and Regulator Compliance

  • Compliance Manual Drafting (Foreign and Domestic Exchanges, CFTC, SEC, and FERC Compliance)

  • Inquiry responses and exchange interviews and hearings

  • Communicate with regulators and SROs

  • Exchange Membership Maintenance


Corporate Governance and Entity Structuring

  • Operating Agreements, Partnership Agreements

  • Entity formation

  • Strategic corporate structuring

  • Multinational corporate governance documentation

  • Equity Owner and Partner Subscriptions and Redemptions

  • Intercompany documentation (expense sharing agreements, IP Licenses, Hardware Leases)


Employment & General Counsel

  • Management advisement on strategic decisions and risk impact

  • Employment Agreements and Amendments

  • Employee Separation Agreements

  • Candidate Non-Compete Review

  • Liaison with outside counsel on F-1 (via OPT/CPT and STEM), H-1B and J-1 visas and PERMs

  • Regulator and State mandated employee trainings

Meet the GC

Hilary has over 10 years of industry experience as a former in-house general counsel specializing in the trading industry in addition to domestic and international corporate structuring, employment law, and regulatory and compliance.

She takes a business first, risk-based analytical approach. She focuses on solution, strategy, and collaboration.


  • Education

    • DePaul University College of Law, JD

    • Radboud University, LL.M

    Bar Admissions

    • Illinois

    • Georgia

Frequently Asked Questions

    • Firms or individuals with a need for in-house legal support (whether they have an in-house legal team or none at all) or those with one-off legal needs. They may be sensitive to increasing law firm hourly rates.

    • Firms with periods of influx in work load for their in-house legal team.

    • Firms needing coverage for their current in-house counsel during a leave of absence (medical, parental leave, sabbatical, etc.).

  • IGC Services offers both outside and fractional general counsel services.

    A fractional general counsel is hired on a part-time basis operating like an internal executive. An outside general counsel is typically hired on an as-needed basis. An outside general counsel is typically not as integrated within the company but rather provides services on an on-demand basis.

    At IGC Services, we aim to provide strategic, risk-based, cost-efficient counsel focused on the firm as a whole.

  • IGC Services offers both outside and fractional general counsel services.

    A fractional general counsel is hired on a part-time basis operating like an internal executive. An outside general counsel is typically hired on an as-needed basis without full integration within a company.

    In either capacity, IGC Services aims to provide strategic, risk-based, cost-efficient counsel focused on the firm as a whole.

  • IGC Services aims to understand its clients holistically and to provide strategic, risk-based, cost-efficient counsel focused on the entire firm without the price tag of traditional law firms.

Get in Touch

Let’s connect to explore how our services can support your needs.