The New Economics of Contract Intelligence: How AI Finally Makes It Affordable

For years, “contract intelligence” was a nice-to-have: useful in theory, easy to push down the roadmap. GenAI has changed the calculation. Factor’s 2026 GenAI in Legal Benchmarking Report found that contracts and commercial work is already the leading area of AI impact in legal, cited by 36% of respondents. And it’s easy to see why: contracts are where risk sits, value leaks, obligations pile up, and commercial intent quietly drifts after signature. Now, legal teams can interrogate entire portfolios in minutes, surface issues fast, and turn static documents into decision-ready intelligence at a cost and speed that makes not doing it hard to justify. 

In this 45-minute session, Nimal Hemelge, Global Head of Practice Operations at Factor, will bring this shift to life with real use cases and impact stories, joined by Sandy Devine, AI Enablement Executive at Factor. Together, they'll show how leading teams are moving from contract storage to contract infrastructure, and where to start.  

You'll leave knowing:  

• Why storing contracts is no longer enough, and what true contract intelligence looks like in day-to-day legal work  
• How GenAI surfaces risk, rights, obligations and deviation patterns across portfolios in a fraction of the time  
• Where AI-enabled review is already delivering speed, cost savings and sharper decisions for legal and commercial teams, and how to build the case internally  

Essential for legal, contracting and commercial operations leaders who need to turn contract data into real business value.