WHEN IT COMES TO BANKING, NEVER SETTLE
When it comes to your success, our in-depth experience with professional practices – combined with our focus on expert, personalized service and innovative banking options – makes for a very strong case. Whether your focus is on transactional work or litigation, our experts can help you determine which banking strategies and products are best for you and your firm.
We offer a variety of business checking and savings accounts to meet your firm's needs. In addition, our Interest on Lawyer's Trust Account (IOLTA) is an interest-bearing account made specifically for attorneys. The interest is pooled to provide funds for pro bono legal assistance for low- to moderate-income individuals and families.
- The interest earned in this account is subject to rules governing attorney trust accounts in the state whose laws govern this account.
- All interest is sent to your state Bar Foundation, which handles distribution to pro-bono legal assistance programs.
- Requires an opening deposit of $100.
- Minimum daily balance of $0.01 required to earn interest.
For more information, contact us or visit a banking division office near you.
We understand that financing needs can vary significantly among law practices, depending on their specialty areas and practice size. We offer deep experience with trial attorneys, corporate law firms, family law practices and specialty firms in tax, real estate, environmental, intellectual property and more. This knowledge has helped us build a customizable set of financing options to address cash flow and other firm management needs:
- Revolving lines of credit, including case cost lines
- Secured loans
- Partner buy-in or acquisition financing
- SBA 504 and commercial real estate loans
- Equipment financing
- Sophisticated commercial credit card products
All offers of credit are subject to credit approval
Western Alliance Bank offers specialized banking for law firms, claims administrators and related businesses managing class action, mass tort and bankruptcy settlements. We bring you years of expertise in supporting all phases of the settlement process from escrow through distribution with a single point of contact. Our committed team offers a highly personalized banking experience with a focus on exceptional service, flexibility and responsiveness.
- Class Action Settlements
- Simple to complex attorney-focused fiduciary banking solutions
- Escrow & Distribution Solutions
Rely on us for advanced products and services to meet your full range of money management needs. From comprehensive treasury management and fraud protection tools to flexible and up-to-the-moment merchant services, we can help you:
- Simplify day-to-day banking
- Accelerate receivables
- Improve payment practices
- Monitor and manage cash flow
- Streamline credit card acceptance and reporting
- Access 24/7 merchant services support
- Safeguard resources with tech-forward fraud protection
Merchant services are provided by TSYS under an agreement with Western Alliance Bank
We understand your need for an end-to-end solution that manages the operational and reputational risks associated with escrow arrangements. Our accelerated onboarding process, online custom escrow portal, and accurate disbursements reflect our commitment to excellence. Managing escrow risk is our business, so you can focus on your business.
We provide significant expertise, high-touch relationship banking and tailored solutions for:
- Merger & Acquisition Transactions
- Private Placements
- Performance Escrows
- Initial Offerings/Subscription Deposits
- Project Finance Escrows
- Paying Agent Services
The bank is definitely a solid resource for firms like ours. They give us the tools to expand and grow, to reach more clients and more referral sources.Brad Meyers, Partner/Attorney, THE702FIRM
With more than $25 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. The company has ranked in the top 10 on the Forbes “Best Banks in America” list for five consecutive years, 2016-2020, and was named #1 best-performing of the 50 largest public U.S. banks for 2019 by S&P Global Market Intelligence. Its primary subsidiary, Western Alliance Bank, Member FDIC, helps business clients realize their ambitions with local 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. A national presence with a regional footprint, Western Alliance Bank operates individually branded, full-service banking divisions and has offices in key markets nationwide.