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In this video, Julian Lalo, a Melbourne-based fashion and food photographer, discusses his personal contract for freelance photographers. He explains that the contract is a PDF document he has developed over time based on his experiences. Each time he encounters a situation with a client, he updates the document to address important points for future clients. He emphasizes that most people do not read lengthy terms and conditions, so he keeps the contract concise, ideally one page long, using subheadings and bullet points to simplify the content. He clarifies that while his contract is not legally binding, it contains essential information that clients should understand before a shoot.