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In this video, David Schalis of 2GuysBuildaBiz discusses the SMMA (Social Media Marketing Agency) legal agreement. He emphasizes the importance of understanding the legal aspects of starting and scaling a business online. While the video offers valuable insights, David provides a disclaimer stating that neither he nor his co-presenter, Derek, are legal attorneys, and the information provided should not be considered legal advice. Viewers are encouraged to consult a legal professional to ensure their agreements provide sufficient coverage before distribution. David also invites viewers to subscribe and turn on notifications for more useful content.