Signature Bank, a New York-based full-service commercial bank, announced it was named #1 in the Business Bank, Private Bank and Attorney Escrow Services categories of the New York Law Journal’s “Best of” 10th annual survey of the New York legal community. Furthermore, 2019 also marks the 10th consecutive year in which Signature Bank earned a top three position in one or more of those same categories.
With this year’s ranking, Signature Bank again earned a place in New York Law Journal’s Hall of Fame. The Hall of Fame is awarded to entities that placed in "Best of" for at least three of the past four years thus repeatedly receiving the highest ratings from New York Law Journal readers and the New York legal community.
The rankings, which were revealed in the October 7, 2019 edition of the New York-area’s leading legal trade publication, reflect the votes of thousands of attorneys and other legal professionals, who were eligible to cast votes in 80+ legal-related categories. The voting process is purely democratic, and results represent the candid opinions of New York Law Journal readers and members of the New York legal community.
Since 2010 when the New York Law Journal began surveying its readers for this “Best of” listing, Signature Bank has consistently secured the top spot or ranked in the top three in the Business Bank, Private Bank and Attorney Escrow Services categories. For the past 10 consecutive years, the Bank has been voted the Best Business Bank five times. It is also the ninth consecutive year where Signature Bank ranked in the top three of the Private Bank category (number one for the past three years), and the eighth straight year it placed in the top three in the Attorney Escrow Services category (including ranking number one for the past three straight years and five times overall).
“For the past decade, Signature Bank consistently led in categories of the New York Law Journal’s rankings where we competed with some of the world’s largest mega-banks. This is a true testament to our commitment to client care and the tireless efforts of our colleagues. The Bank was established to offer commercial clients highly personalized service, and this client-centric model is what earned the Bank recurrent outstanding placement on New York Law Journal’s list,” said Signature Bank President and Chief Executive Officer Joseph J. DePaolo.
“The law firms we serve have come to rely on the level of care and attention to detail we provide. We are honored they took time to cast their votes for Signature Bank. We thank the New York Law Journal for offering a platform where attorney and legal professionals are afforded the chance to express their opinions, and appreciate continually being recognized as a banking leader throughout New York’s legal community,” DePaolo said.
The New York Law Journal is a reliable news source for attorneys, designed to keep the fast-paced New York-area legal community up-to-date on industry trends and developments. The publication is owned by ALM, a global leader in specialized business news and information serving the legal, real estate, consulting, insurance and investment advisory industries.