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In this video, Tom Satori discusses the importance of having a contract for graphic designers who take on clients and jobs. He emphasizes that a contract protects designers from being abused and clarifies work hours and payment terms, potentially avoiding legal issues. Tom mentions that he has made updates to his contract heading into 2021, which he will review in the video. Additionally, he introduces Skillshare, an online learning platform offering thousands of courses in various creative fields, including graphic design and photography. He encourages viewers to stay tuned for more information.