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In this video, Tom Satori discusses the importance of having a contract for graphic designers who are working with clients. He emphasizes that a contract can protect designers from being taken advantage of, outlining hours of work, payment terms, and potentially avoiding legal issues. Additionally, he mentions that he has updated his contract for 2021, and he invites viewers to learn about accessing Skillshare Premium, an online learning platform that offers a variety of courses in creative fields such as logo design, graphic design, web design, and photography. Stay tuned for more details.