Insights

The New Economics of Contract Intelligence: How AI Finally Makes It Affordable [Webinar Recording]

Nimal Hemelge
July 23, 2026

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. In this session, the panel examines why the economics of contract intelligence have changed. The old model required legal teams to decide in advance what to track, maintain that structure over time, and launch a new review whenever the business asked an unanticipated question. GenAI lowers the cost of that iteration. Teams can interrogate contract portfolios, refine the question as they learn, and direct lawyers to the exceptions and decisions that need judgment.

Featuring Sandy Devine and Nimal Hemelge of Factor, and Laura Buller of CrowdStrike, the discussion moves from the cost of not knowing to what decision-ready intelligence looks like in practice. The panel uses examples from renewals and event-driven reviews to show the difference between locating a contract, extracting a clause, and knowing what the business should do next. They also cover source traceability and human verification, the feedback loop into templates, playbooks and fallback positions, and the opportunity to show how negotiation improves an organization's rights, remedies and risk position. 

Watch and learn:

  • • Why the old contract intelligence model was expensive, rigid and difficult to keep current, even with a CLM
  • • How GenAI supports consistent portfolio analysis while keeping source verification, exceptions and legal judgment in the workflow
  • • How to start with one consequential business question, prove the value and use the results to improve future contracts and negotiations

Watch now:

From intake, preparation and negotiations through to signature and post-contract intelligence and management, Factor teams, tools and methods bring efficiency and excellence to the end-to-end contracting process.

Talk to us about modernizing your contracting processes with AI today.