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ummary: Award-winning law firm Knockin Burroughs, dedicated to technology, intellectual property, and corporate law, discusses software development agreements in this video. Two types of agreements - agile and waterfall methods - are explained along with common clauses and pitfalls. Precision in drafting clauses is essential to avoid misunderstandings about the development process. Key details in these agreements include client requirements, scope of work, timelines, and payment terms.