Parley ProPP

Parley Pro

Parley Pro is a cloud-based contract lifecycle management (CLM) platform that streamlines contract creation, negotiation, and management through smart collaboration and digital negotiation technology. It was acquired by LexisNexis in 2022.

About Parley Pro

Parley Pro embarked on its journey in 2014, driven by a vision to revolutionize the often cumbersome and inefficient contract management process. Founded by Lilian Caldeira and Roman Kisin, the company set out to create a solution that would streamline the creation, negotiation, execution, and management of contracts. The founders recognized the need for a platform that could bring transparency, collaboration, and speed to what was traditionally a manual and time-consuming endeavor for businesses of all sizes. From its early days, Parley Pro focused on developing a cloud-based platform centered around smart collaboration, aiming to help companies close contracts faster and more efficiently.

The company's innovative approach to contract lifecycle management (CLM) quickly gained traction. Parley Pro distinguished itself with features like real-time multi-party negotiation on a single document, automated workflows, and robust version control. This focus on digital negotiation technology was a key differentiator, allowing legal teams and businesses to move beyond endless email chains and towards a more centralized and efficient process. In 2019, Olga V. Mack, a veteran legal tech lawyer and advocate for innovation in law, was appointed CEO, bringing her extensive experience and vision to further shape the company's growth. Under her leadership, Parley Pro continued to enhance its platform, emphasizing ease of use and implementation. The company's efforts were recognized, for instance, by Gartner as a 'Cool Vendor' in the 2020 CLM and Advanced Contract Analytics report. This recognition highlighted Parley Pro's impact on transforming traditional contracting processes. The journey culminated in May 2022 when LexisNexis acquired Parley Pro, aiming to integrate its best-in-class CLM capabilities into LexisNexis's CounselLink enterprise legal management platform, thereby offering an even more comprehensive solution to the market. Olga Mack and her leadership team remained with the company to work alongside LexisNexis, signaling a new chapter in Parley Pro's mission to modernize contract management.

FAQs

When was Parley Pro founded?
Parley Pro was founded in 2014.
Who is the CEO of Parley Pro?
Olga V. Mack is the CEO.
What industries or markets does Parley Pro operate in?
Parley Pro operates in the following markets: Corporate Law, Contract Lifecycle Management (CLM), Legal Technology, Enterprise Software, Cloud Computing, SaaS, Document Management, Workflow Automation, Collaboration Software, and Legal Services.
How many employees does Parley Pro have?
Parley Pro has 11-50 employees.
Where does Parley Pro have employees?
Parley Pro has employees in United States.
Does Parley Pro support remote work or working from home?
Yes, Parley Pro is a remote-friendly company.
Does Parley Pro offer a four-day work week?
No, Parley Pro does not offer a four-day work week.
What is Parley Pro's website?
Parley Pro's website is parleypro.com.
Where can I find Parley Pro on social media?
You can find Parley Pro on LinkedIn, Twitter and Facebook.

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