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In this video tutorial, the speaker shares a client contract template that was created by a lawyer for their freelancing business. The template, originally costing $1000, is now available for free and is suitable for any service being sold to other businesses. The updated contract covers legal language, payment terms, and is applicable to various services such as Facebook ads management, marketing, website and mobile development. Viewers are encouraged to download the template from the provided link to use it for their freelancing business.