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In episode #9 of her video series, Laura from Nanny Parent Connection discusses the significance of having a nanny contract. She emphasizes that a contract outlines the details of the working agreement, preventing misunderstandings regarding day-to-day operations between the nanny and the family. The contract provides protection for both parties: it ensures families receive care according to their expectations and gives nannies clarity on their roles. Laura also notes that some families opt for under-the-table payments and forgo contracts, which she advises against for better transparency and understanding.