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Every website is required to have a privacy page and terms and conditions, but creating this legal documentation can be daunting. In this video, the presenter shares a tool they use to generate terms and conditions and privacy pages for their business. The presenter emphasizes that many clients lack the necessary text for these pages and often do not have a lawyer to draft them. This tool serves as a solution for both the presenter and their clients, ensuring that all legal requirements are met without the hassle of navigating complex legal language.