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Tom Satori discusses the importance of having a contract for graphic designers taking on clients in 2021 and beyond. He emphasizes that a contract protects designers from being taken advantage of, outlines work hours, and payment terms, and can help avoid legal issues. Tom mentions that he has made updates to his own contract, which he will review in the video. Additionally, viewers will learn about accessing Skillshare Premium, an online learning platform that offers a variety of courses in creative fields, including graphic design, logo creation, and photography.