Privacy Policy and Terms of services discussion

I'm curious as to how other forum owners handled privacy policies, and terms of service, did you just use the default polict and terms? Or did you find this didn't cover everything you needed?

I'm leaning towards writing one myself, just so I'd have researched the laws that could affect me, but as I know very little about law, this is slow going.
 
I purchased mine from a business that has lawyers write updated terms based on the latest laws. They way it worked was you tell them about what your site has (e.g. What Jurisdiction, Do you accept payments?) and it creates a terms of service based on the responses. I had previously written my own based on examples I saw on major websites but I decided it was safer to have lawyer-written ones after an incident happened where some ex-members were sending legal threats to me.
 
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