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In this video, Tom Satori discusses the importance of having a contract as a graphic designer, especially for those taking on clients and jobs. He emphasizes that a contract helps prevent exploitation, outlines work hours and payment, and can protect against legal issues. Satori shares updates to his own contract for 2021 and provides insights for viewers. Additionally, he introduces Skillshare, an online learning platform offering a variety of courses in creative fields such as graphic design, logo design, web design, and photography, hinting at a way for viewers to access Skillshare Premium later in the video.