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In the text, the speaker describes the anxiety of delivering a project to a client who then fails to pay or respond for a month, leading to stress. The realization that their photos are misused online prompts a discussion about the importance of contracts in photography. The speaker emphasizes that while dealing with legalities may not be enjoyable, having a contract is crucial for protecting oneself, their business, and their work. They reflect on their own experience, expressing gratitude for implementing a contract early in their photography journey, which prevented stress and heartache. Ultimately, the message stresses that a contract is essential for every photographer.