I have noticed that pretty much any serious online service always has terms, conditions, and privacy policy written down somewhere on their site. How does one go about writing these in practice?
I’ve thought about writing my terms based on ones from other sites, or maybe using a terms and conditions generator, but in both these cases I risk of not truly understanding the legal implications of what I am actually telling my potential users. Obviously, hiring a lawyer of some sort to review the conditions would make sense.
What would the legal implications, in general, be if I did not provide any such conditions at all on my site?
I am based in the EU but the site will be running on US servers, if that makes any difference.