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Editing law tag contracts is straightforward using Microsoft Word, recommended for maintaining formatting. The tutorial uses a product delivery agreement, available as a freebie, which can be customized with your business and client information. Users should look for bolded, bracketed, and italicized text indicating where to make adjustments, as well as underscored areas for specific entries. For instance, replacing a photographer's name with "Rachel Brunke Photography" and unbolding it. This allows you to tailor the contract to align with your business practices effectively.