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In this video, David Schalis from 2GuysBuildaBiz discusses the SMMA (Social Media Marketing Agency) legal agreement. He emphasizes the importance of legal protection in business and gives a disclaimer that neither he nor Derek are legal professionals, and the content should not be taken as legal advice. Viewers are encouraged to consult with a business attorney to ensure their agreements provide adequate coverage before use. Schalis also invites viewers to subscribe for more business-related content and suggests activating notifications for updates on future videos.