Mr. Palma's Honors
- Official Commendation by the United States House of Representatives for his integrity and dedication to the practice of law
- Recipient of the Ronald Reagan Gold Medal Award for tireless efforts as Honorary Chairman of the Business Advisory Council
- Recipient of the Passaic PBA Local 14 President’s Award for his untiring dedication and support of the law enforcement community
- Inducted into the Italian American Hall of Fame
- Two Time Italian American Police Society’s Businessman of the Year
- PBA Lifetime Silver Card Recipient from PBA Local 14
- Italian Tribune Publisher’s Front Page Award, where he was hailed as a Man of His Word Whose Handshake is More Trusted than a Signed Contract
- Numerous inductions into Who’s Who in Society, as well as Who’s Who in American Law
- Paterson PBA Local 1 Honoree Award
