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In this video tutorial, the speaker introduces a client contract template that they hired a lawyer to create for their own use. The template, originally costing a thousand dollars, was released for free on their channel some time ago. The speaker now offers an updated version of the contract based on their experience over the past few years. The template is suitable for any service or business-to-business transaction, such as Facebook ads management, marketing, website development, or mobile development. Viewers can access the free template in the video description.