Duff & Phelps Corporation (NYSE: DUF), a leading independent financial advisory and investment banking firm, today announced that it has acquired iEnvision Technology, an advisory firm that provides law firms and corporate legal departments with Information Lifecycle Management (ILM) solutions. The transaction adds 24 professionals to the Duff & Phelps’ Dispute and Legal Management Consulting business. Matthew Hobbs, founder and president of iEnvision, joins Duff & Phelps as a managing director; he brings particular expertise in management consulting and business process development, along with his team’s deep relationships with law firms, corporate legal departments, health sciences companies and financial services firms.
This development further strengthens Duff & Phelps’ Dispute and Legal Management Consulting (DLMC) team, with services that maximize corporate and government legal department performance and efficiency in the areas of strategy, operations, technology and implementation, compliance and risk management. For law firms, the team focuses on enhancing organizational effectiveness and strategic planning as well as gathering and managing information required by investigations and the discovery process in litigation matters. The DLMC group has recently grown through a series of engagements involving complex financial issues as well as strategic acquisitions, including Toronto-based financial advisors Cole & Partners in 2010, legal management advisors June Consulting Group that same year, and investigative and advisory firm Harvester Forensics Limited earlier this year.
“Legal professionals must manage increasingly large volumes of data in myriad forms with very limited resources, and the addition of our new colleagues from iEnvision underscores Duff & Phelps’ longstanding commitment to helping law firms and corporate legal departments handle these challenges effectively and efficiently,” said Greg Higgins, leader of Duff & Phelps’ Dispute & Legal Management Consulting (DLMC) business. “Our iEnvision colleagues bring more than 15 years of excellence in a unique and emerging field, delivering first-class solutions by maximizing clients’ investments in powerful technologies, including an industry-leading document management system application, and cutting-edge management strategies. We look forward to combining our complementary skills, services and values to benefit existing and new clients.”