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In this video, David Schalis from 2GuysBuildaBiz discusses the SMMA (Social Media Marketing Agency) legal agreement. He emphasizes that while the video aims to provide valuable information about the legal aspects of running an SMMA, neither he nor his co-host Derek are legal professionals. Therefore, they recommend consulting a qualified attorney to ensure that any legal agreements meet specific requirements and provide proper coverage. Viewers are encouraged to subscribe and enable notifications for more content related to starting and growing online businesses.