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Many freelancers starting out are uncertain about what to include in contracts, particularly concerning legal language and payment terms. In this video, the presenter shares a client contract template, which was created with the help of a lawyer at a cost of about $1,000. This template has been released for free and is updated based on insights gathered over the past few years. The contract is versatile and suitable for various services, including Facebook ads management, marketing, website development, and mobile development, specifically for B2B transactions. Viewers are encouraged to access the template for free.