A free terms of service and privacy policy builder service recently launched courtesy of Legal River. The company provides a marketplace that matches lawyers and small businesses. The terms of service builder and privacy policy builder are great tools for the bootstrapped startup. In my experience a custom TOS can run anywhere from $1500 – $5000 in the startup stage. This is a smart marketing move for Legal River by getting their brand in front of hundreds of startups as well as generating quality inbound links for themselves (legal river links in footer).
StartupAddict is affiliated with a home construction forum currently in beta and you can find an example of the generated terms of service and privacy policy from Legal River there.
In a world of exorbitant legal fees and ad-hoc charges it’s nice to know Legal River is providing the Lending Tree approach of having lawyers compete for small business legal services. A startup can post an anonymous project and have numerous quotes to compare from lawyers on price, scope of work and credentials.
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About Tod Whipple
