News: Brokerage

Signature Bank honored by National Law Journal

New York, NY According to Signature Bank, it ranked second in the U.S. in three categories of The National Law Journal’s “Best of 2020,” its ninth annual readers’ poll. The categories include “Business Bank,” “Private Banking Services” and “Attorney Escrow Services.” This marks the second consecutive year in which the bank earned the same placement in the publication’s annual survey.

“Since our inception in 2001, Signature Bank has been dedicated to serving the legal community and delivering unrivaled service to the many law practices with whom we work. The loyalty of our clients is clearly evidenced through the second reader ranking in which the bank placed #2 in all of the three categories in which it was presented for voting. This is an acknowledgment of the efforts put forth by our veteran private client banking teams and the way in which they cater to the law firms we serve through the Bank’s distinctive single-point-of-contact model,” said president and CEO Joseph DePaolo.

“The National Law Journal complements the ranking Signature Bank just earned from its sister publication, The New York Law Journal, where it was named the top bank in the same three categories of its similar ‘Best of’ survey. We greatly appreciate the respect and devotion of our legal clients and deeply value this prestigious ranking,” DePaolo said.

Each year, The National Law Journal, an ALM-published legal trade publication, polls the legal community nationally, offering an opportunity for its readers and members of the national legal community to cast their votes for the best providers across a range of services and goods to the legal profession. From data technology products and banking services to litigation support and alternative dispute resolution providers, The National Law Journal’s “Best of” survey showcases businesses serving the legal industry that distinguish themselves amongst their competitors.

The 2020 rankings, which were revealed in the March 2020 edition of this national legal trade publication, reflect the votes of thousands of attorneys and other legal professionals across more than 65 legal-related categories. The voting process is representative of a purely democratic process.

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