I've heard of people taking TOS & Privacy Policies from competitors and similar sites, removing any identification and then taking it to a contracts lawyer and

I've heard of people taking TOS & Privacy Policies from competitors and similar sites, removing any identification and then taking it to a contracts lawyer and having them go over and customize it. They say it makes it a lot cheaper since the attorney has something to work from. I will be trying this method out in the future but if anyone else has done it this way, I'd like to hear about their results.