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In this video, Tom Satori discusses the importance of having a contract for graphic designers who take on clients and jobs. He emphasizes that a contract helps prevent exploitation, outlines work hours, payment, and can protect against legal issues. Satori also mentions that he has made updates to his contract for 2021, which he will review in the video. Additionally, viewers will learn about accessing Skillshare Premium, an online learning community offering a variety of courses in creative fields such as logo design, graphic design, and web design.