The Solvaire Timeline

Please see below for a complete history of Solvaire Technologies.

1996

Started working with our first client, the largest telecommunications infrastructure company in North America, on massive review project, including tens of thousands of ground leases, easements, rights-of-way agreements, license agreements, title policies, and title abstractions.

1998

Mid-late 1990s:

  • Realized that technology could and should be leveraged to automate due diligence processes, in a way that wasn’t being done or even considered by lawyers at the time.
  • Developed initial database and reporting systems in order to generate reports automatically, in real time.
2000

Early 2000s:

  • Founded our own staffing agency as it became increasingly clear that document review and discovery work was no longer viable to be performed solely by lawyers at full hourly rates.
  • Put together a team of contract attorneys and temporary attorneys to be available on a project-specific basis, which put us on the cutting edge of providing these services.
  • Over the years, many of the 500+ temporary staff that we hired either came to work for us full-time or were hired by clients.
2000

Competitively won our first massively large project…reviewing thousands of documents relating to a large corporate reorganization.

2003

Established office space in Two Gateway Center, Pittsburgh.

2004

Won first mission critical document review project for Energy client, involving 29 employees. Still working with client today.

2005

Began work on second mission critical document review project for Energy client, involving 16 employees. Still working with client today.

2007

Began 13-month telecom M&A due diligence project involving $5.8 Billion merger, including 17 employees.

2008

Began multi-year series of M&A diligence projects involving 5 employees.

2009

Began 9-month document review project involving 14 employees.

2010

Conducted 3-month eDiscovery project involving 5 employees.

2011

Conducted 5-month eDiscovery project involving 5 employees.

2012

Commenced 10-month telecom M&A due diligence project involving 27 employees.

2013

  • Started major, multi-year staffing initiative for Oil & Gas industry, involving 150+ employees.
  • Began 13-month telecom M&A due diligence project involving 44 employees.
2015

  • Continued to hone our project management skills as new projects rolled in by developing a tried-and-true mechanism for project setup, project bidding, project scoping, quality control, report delivery, and analysis unparalleled to anyone in the industry.

Chris Farmakis explains Solvaire’s project management difference.

2015

  • Began 3+ year telecom M&A diligence work involving 28 employees.
  • Began 15-month mission critical real estate document review project involving 21 employees.
  • Conducted 3-month eDiscovery project involving 11 employees.
2016

Began major, multi-year staffing initiative for Oil & Gas industry involving 30+ employees.

2017

Conducted in-depth review of AI platforms and Machine Learning service providers.

2018

  • Began 10-month corporate reorganization project involving 13 employees and machine learning.
  • Began 12-month eDiscovery project involving 11 employees.
  • Conducted 8 smaller M&A due diligence projects involving machine learning and including 13 employees.
2019

Conducted 2-month eDiscovery project involving 5 employees.

2020

  • Hired new web developer to lead digital transformation.
  • Conducted 4 telecom M&A diligence projects involving 16 employees.
  • Reorganized Solvaire team to respond to the Coronavirus pandemic and its widespread effect on client business continuity, their supply chains and revenues.
  • Advised C-suite executives and managers affected by COVID-19 as they seek to quickly assess their contract provisions, evaluate their exposure and make effective operational and financial risk-based decisions.