U of MD Birthed Legal River Launches New Products, Covered by NY Times

Great news continuing to come out of Legal River, a firm launched by MBA students at the University of Maryland’s Smith School of Business. This past week in partnership with General Counsel, P.C., Legal River released two new products for entrepreneurs: a Terms of Service Generator and a Privacy Policy Generator. From the entry by NY Times and Venture Beat contributor Nadia Majid:

Legal River’s tools are meant to keep costs low for entrepreneurs as they set up a business; typical terms of service documents can otherwise cost thousands of dollars. An entrepreneur only needs to fill in some basic information, such as the name of the company, information the company receives from a customer (for the privacy policy), and business structure (for the terms of service). The appropriate document is returned to the user online almost immediately, along with a version in HTML code, and the relevant policy is also emailed to the email address provided. Both tools are hosted on Legal River’s site and were developed by General Counsel, P.C.

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