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In this video, David Schalis from 2GuysBuildaBiz discusses the SMMA (Social Media Marketing Agency) legal agreement. He emphasizes that the information provided is not legal advice, as neither he nor Derek are qualified attorneys. He encourages viewers to consult a legal counsel or business attorney before using the agreement to ensure it offers adequate protection. The video aims to offer valuable insights for those interested in starting, growing, or scaling their business online. Schalis also invites viewers to subscribe and enable notifications for future content.