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In this video, Julian Lalo, a Melbourne-based fashion and food photographer, talks about contracts for freelance photographers. He shares his personal contract as an example, which he has created over the years based on his experiences. The contract is not legally drawn up by a lawyer but is a one-page PDF document with subheadings and dot points for easy readability. Julian emphasizes the importance of clients understanding the terms and conditions before a shoot, even though most people do not read them. The contract is constantly amended to include important points for future clients.