Headshot of Randy McPhail

Randy McPhail

Vice President

Randy McPhail is vice president for Western Alliance Bank’s Settlement Services Group. His expertise includes collaborating and assisting law firms and settlement administration firms working on complex medical device mass tort litigation, and drug and product liability cases.

Mr. McPhail has over 10 years of experience providing solutions to law firms and settlement administration firms with respect to the administration, management and investments for their qualified settlement funds. In addition to his experience in settlement administration, he has over 20 years of experience in corporate trust, public finance and trust and estate planning.

Prior to joining Western Alliance Bank, Mr. McPhail held various business development, relationship management and trust administration positions with UMB Bank and Hawthorn Bank. He provided solutions to clients for Qualified Settlement Fund Administration and Mass Torts Settlements, Trust and Estate Planning, Institutional Custody, Public Finance, Business Escrow Services and Corporate Trust.

He graduated from University of Kansas, Lawrence with a Bachelor in Science degree focused in Communications and Human Resources.

About Us

Settlement Services

Western Alliance Settlement Services, a national banking group within Western Alliance Bank, Member FDIC, specializes in banking for law firms, claims administrators and related businesses managing class action, mass tort and bankruptcy settlements. This team of expert bankers brings clients years of experience and offers exceptional service to support all phases of the settlement process, from escrow to distribution, with a single point of contact. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation, with more than $60 billion in assets. The bank is #2 best-performing of the 50 largest public U.S. banks in the S&P Global Market Intelligence listing for 2021 and ranks high year after year on the Forbes list of “America’s Best Banks.” Serving clients across the country wherever business happens, Western Alliance Bank operates individually branded, full-service banking and financial services divisions and has offices in key markets nationwide.