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In this tutorial, Drew Bowers Auger discusses essential contracts for consulting. He emphasizes the importance of a consulting agreement to avoid disputes over billing and engagement. Key points to include in the contract are: identifying the client as an independent contractor, specifying payment amount and frequency, acceptable payment methods, and securing signatures from both parties. Sample consulting agreement templates are provided, highlighting that these contracts often favor the drafter. Auger advises consultants to get clients to sign their contracts whenever possible. If forced to sign the client's contract, it is crucial to read it carefully and clarify any disagreements regarding rates, billing frequency, or project completion.