SaaS Terms of Service Review

Our company has a Software as a Service (SaaS) web application in which thousands of users visit every day. In order to protect ourselves legally, we have a user Terms of Service (ToS) agreement in which every user must agree to before using our product. We would like to collaborate with students to review our current product and the applicable ToS agreement and bring it up to date with any possible missing pieces regarding law, policy, or potential threats to our business in our space. Conducting background research on our existing product and the current Tos we provide our users. Conducting research into the latest laws and policies that might be applicable to our business. Developing a new version of our ToS agreement with reasonings behind choices, and highlights to missing areas. Reviewing and providing possible updates to our accompanying legal documents such as Acceptable Use Policy and Privacy Policy