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In this video tutorial, the speaker addresses common concerns among freelancers regarding contract creation, particularly the legal language and payment terms. They introduce a client contract template developed by a lawyer at a cost of approximately $1,000, which they have made available for free. The video also includes updates to the contract based on lessons learned over the years. This template is applicable for various services offered to businesses, such as Facebook ads management, marketing, website development, and mobile development. Viewers can access the updated contract template for free through the provided link.