In an article featured in the Rochester Business Journal examining the growing risks businesses face as they expand their reliance on third-party vendors, Harter Secrest & Emery Partner Lauren R. Mendolera weighs in on key legal insights on the liability exposures that can arise from vendor and contractor relationships.
Mendolera emphasizes that while businesses often engage third parties for specialized expertise, inadequate contracts and insurance reviews can create significant liability risks, particularly in industries such as construction where responsibility can quickly shift among contractors, subcontractors and owners. She also highlights the increasing importance of addressing cyber-related risks through properly documented vendor agreements and cautioned businesses against relying solely on certificates of insurance or AI-generated contracts.