• Francesca-Castagnola
    Francesca Castagnola
  • Dana Rager, Western Alliance Bank Settlement Services Group
    Dana Rager
  • Heather Magic headshot
    Heather Magic
  • Sondra R. Monroe | Settlement Services Group, Western Alliance Bank
    Sondra Monroe
  • Darren Zabriskie, Western Alliance Bank's Settlement Services Team
    Darin Zabriskie
  • randy-mcphail
    Randy McPhail
Francesca Castagnola
Senior Managing Director
Dana Rager, Western Alliance Bank Settlement Services Group
Dana Rager
Senior Vice President
Office: (619) 233-2205
Mobile: (619) 787-8165
[email protected]

Heather Magic headshot
Heather Magic
Senior Vice President
Sondra R. Monroe | Settlement Services Group, Western Alliance Bank
Sondra Monroe, J.D.
Vice President
Office: (619) 233-2253
Mobile: (980) 220-8758
[email protected]

Darren Zabriskie, Western Alliance Bank's Settlement Services Team
Darin Zabriskie
Vice President
Randy McPhail
Vice President

Our expert team of settlement services relationship bankers offers specialized solutions including:

  • • Escrow depository agent
  • • Qualified settlement fund (QSF) banking
  • • General litigation settlement fund banking
  • • Bankruptcy receiverships and court appointed monitorships
  • • Simple to complex attorney-focused fiduciary accounts
  • • Full-service banking including operating and IOLTA accounts, and financing1 for working capital and case costs
  • • Money market accounts2
  • • Custom-tailored treasury management services
  • • Streamlined account opening process
  • • Same-day turnaround time for new accounts following initial setup phase

Our committed team provides a highly personalized and transparent banking experience with exceptional service, honesty, integrity and flexibility.

1. All offers of credit are subject to credit approval.
2. Withdrawal transaction limits apply. Refer to disclosures provided at account opening and the Schedule of Fees and Charges for additional information.

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Distribution Phase Solutions
  • Reporting tools tailored for various accounting software
  • Fraud protection
  • Master agreements simplifying setups
  • Direct relationships with law firm and claims administrator
  • Wide range of payment options available
Escrow Phase Solutions
  • Variety of federally guaranteed deposit and investment options
  • Customized product suite
  • Competitive interest rates and fee structure
  • Master agreements simplifying setups
  • Direct relationship with co-counsel
Broader Banking Solutions

Western Alliance Bank is a full-service financial institution for law firms and claims administrators, with a specialty in banking of qualified settlement and other litigation funds. We offer a full suite of customizable business banking products and solutions for the legal profession, including lending, deposit and treasury management, all designed to respond to your needs and timelines.

Select Cases We've Supported
  • $20 million business code violation settlement distributed to 1 million claimants
  • $1 billion criminal/civil pharma settlement distributed to 225,000 claimants
  • $1.6 billion securities class action distributed to 35,000 claimants
  • $408.5 million antitrust settlement distributed to 250,000 claimants
  • $135 million employment law violation settlement distributed to 8,000 claimants
  • $1.025 billion securities fraud to be distributed to claimants in 2021

Thought Leaders in Your Industry

Recognized as industry thought leaders, our Settlement Services team hosts an Annual Class Action Law Forum and develops continuing education resources including webinars and insights articles on various key industry topics.

  • Research Highlights Legal Industry's Views on Cy Pres, Objectors, Quick-Pay and Rule 23

    Western Alliance Bank Settlement Services releases it's 2021 research report covering the complex issues and nuanced perspectives of objectors, cy pres, quick-pay and Rule 23.


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  • Tips on Navigating the MDL Process - a CLE-Eligible Webinar

    Register to access this free CLE-eligible webinar to help legal practitioners and others better understand the current multidistrict litigation landscape.

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  • 2021 Class Action Law Forum™ Highlights

    In April 2021, top class action practitioners gathers for the 3rd Annual Western Alliance Bank Class Action Law Forum to discuss leading class action trends and topics.

    Learn More
About Us

With approximately $50 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. The company is again #1 best-performing of the 50 largest public U.S. banks in the new S&P Global Market Intelligence listing for 2020 and ranks high on the Forbes “Best Banks in America” list year after year. Its primary subsidiary, Western Alliance Bank, Member FDIC, helps business clients realize their ambitions with teams of experienced bankers who deliver superior service and a full spectrum of customized loan, deposit and treasury management capabilities. Business clients also benefit from a powerful array of specialized financial services that provide strong expertise and tailored solutions for a wide variety of industries and sectors. Most recently, the bank added to these capabilities with the acquisition of AmeriHome Mortgage, a leading national business-to-business mortgage platform. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking brands and has offices in key markets nationwide.