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In this video, Thomas Lawyers, an award-winning technology law firm, discusses software development agreements. There are two types of agreements: agile and waterfall. The key is to draft precise clauses to avoid misunderstandings. Clauses should detail client requirements, scope, timeline, payment terms, intellectual property rights, warranties, and termination provisions. Pitfalls in software development include scope creep, lack of clarity in requirements, and delays in project completion.
