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In this video, Tom Satori discusses the importance of having a contract for graphic designers taking on clients, especially as they move into 2021. A contract can prevent exploitation, clarify work hours and payment, and help avoid legal issues. Satori mentions that he has made updates to his contract and will review these changes during the video. Additionally, he introduces Skillshare, an online learning platform that offers various courses in creative fields such as logo design, graphic design, web design, and photography, encouraging viewers to stay tuned for more information on accessing Skillshare Premium.