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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 consulting a legal professional, as neither he nor his co-host Derek are attorneys. The video aims to provide valuable insights regarding the legal aspects of running an SMMA, but viewers are advised to seek legal advice to ensure proper coverage and compliance. Schalis also encourages viewers to subscribe and enable notifications for future content that focuses on starting, growing, or scaling online businesses.