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In this video tutorial, Melbourne-based fashion and food photographer Julian Lalo discusses the importance of having a contract as a freelance photographer. He shares his personal contract example, a PDF document he has created himself based on his experiences. Julian emphasizes the importance of including key points in the contract that clients need to know before a shoot, as many people do not read terms and conditions. He keeps the document concise and simple with subheadings and bullet points to ensure people actually take the time to review it. While the contract is not legally binding, it serves as a valuable tool for communicating important information to clients.