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In this video, Tom Satori discusses the importance of having a contract for graphic designers who work with clients. A contract can protect designers from being exploited, define working hours, and specify payment terms, potentially preventing legal issues. Tom shares updates to his own contract for 2021 and invites viewers to learn more about these changes. Additionally, he introduces Skillshare, an online learning platform offering numerous courses in creative fields, including logo design, graphic design, and web design. Viewers are encouraged to stay tuned for more information on accessing Skillshare Premium.