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In this video, the presenter addresses freelancers' concerns regarding what to include in their contracts, focusing on legal language and payment terms. They introduce a client contract template created by a lawyer, which initially cost around $1,000 but is now available for free. The presenter also mentions updates based on lessons learned over the past few years. The contract is applicable for various services marketed to other businesses, including Facebook ads management, marketing, website, and mobile development. Viewers are encouraged to access the free contract template provided in the video description.