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In this video, David Schalis from 2GuysBuildaBiz discusses the SMMA legal agreement. He emphasizes the channel's focus on starting, growing, and scaling online businesses and encourages viewers to subscribe and enable notifications for future content. Schalis provides a disclaimer stating that he and Derek are not legal professionals, and the information shared should not be considered legal advice. Instead, he recommends consulting with a business attorney to ensure adequate coverage before using any legal agreements. The video aims to offer valuable insights into the legal framework for social media marketing agencies.