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In this video tutorial, the speaker addresses common concerns freelancers have about creating contracts, particularly regarding legal language and payment terms. They introduce a client contract template that was developed by hiring a lawyer for about $1,000, which they've made available for free on their channel. The speaker promises to showcase updates to this template based on lessons learned over the past few years. This contract is applicable to any service offered to businesses, such as Facebook ads management, marketing, website development, and mobile development. Viewers are encouraged to access the free template linked below before transitioning to a demonstration of the contract on screen.