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In this video tutorial, the presenter addresses freelancers who are uncertain about essential contract components, particularly legal language and payment terms. They introduce a client contract template created by a lawyer, which initially cost around $1,000 but is now available for free. The video aims to share this updated template, reflecting lessons learned over the past few years. The contract is applicable to various services sold to businesses, such as Facebook ads management, marketing, website development, and mobile development. Viewers are invited to access the contract for free through a provided link.