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Copyright Law: What is the best way for a startup to draft Terms of Service and Privacy without spending thousands of dollars?
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Viktor Nagornyy, Inbound Marketing Strategist & Consultant answered:

If your needs are not too complex, and relatively standard - what I would recommend is trying out Trust Guard's generators to walk you through creating both documents.

Privacy Policy Generator
https://www.freeprivacypolicy.com/

Terms of Service Generator
http://www.termsofservicegenerator.com/

They are relatively in-depth and cover most situations, unless you're like Facebook. Then you would need an attorney.

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