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In this video, David Schalis from 2GuysBuildaBiz discusses the SMMA (Social Media Marketing Agency) legal agreement. He encourages viewers to subscribe and hit the like button for more content on starting, growing, or scaling an online business. David provides a disclaimer that neither he nor Derek are legal professionals, and the information shared should not be considered legal advice. He emphasizes the importance of consulting with a qualified attorney to ensure proper legal coverage before using the agreement. The video aims to provide valuable insights into creating effective legal agreements for SMMA businesses.