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In this video, Tom Satori emphasizes the importance of having a contract for graphic designers working with clients in 2021 and beyond. He discusses how a contract can protect designers from being taken advantage of, outline work hours, determine payment, and potentially prevent legal issues. Tom also shares updates he made to his own contract. Additionally, he mentions Skillshare, an online learning community with numerous creative courses, including logo design, graphic design, and web design, encouraging viewers to stay tuned for more information on accessing Skillshare Premium.