Privacy policies are known by several names and may also be called:
- Privacy statement
- Privacy page
- Privacy notice
- Privacy information
Privacy policies will vary depending on the type of data collected, the industry, and the local laws governing digital privacy. Most privacy policies should include the following information:
- Usage. The policy should outline how the data will be used in the future
- Protection. Your customers should know how your company keeps their data safe from security breaches and hackers
- Updates. Include any recent updates to the policy
- Company information. Contact information for the company should be provided to customers
Privacy policies are important documents, and if this contract isn't drafted correctly, it could lead to severe legal ramifications like lawsuits.
The two most common ways lawyers charge clients for legal services are an hourly rate fee structure and a flat fee rate structure.
If a lawyer uses an hourly rate fee structure, they will charge a client a set rate for each hour they spend working on a project or case.
This fee structure is more beneficial for lawyers because it ensures they are paid for their time on the job.
For a client, an hourly fee structure can result in an unexpectedly high bill if they don't realize how long a legal project will take. A client should always ask their lawyer to estimate how many hours the task will take to complete to avoid sticker shock when the bill arrives.
The marketplace data for ContractsCounsel shows the average hourly rate for a privacy lawyer ranges from $225 - $300 per hour.
When using a flat-rate fee, the lawyer quotes the client a flat rate to complete the job. If the client agrees, they pay upfront and usually won't be responsible for any additional fees, even if the job takes the lawyer longer than expected.