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In this video tutorial, the speaker addresses freelancers' concerns about contract creation, specifically regarding legal language and payment terms. They introduce a client contract template developed by a lawyer, which originally cost around $1,000 but is being offered for free. The video includes an update to this template based on insights gained over the past few years. The contract is applicable for various services sold to businesses, including Facebook ads management, marketing, website development, and mobile development. Viewers are encouraged to access the free contract template provided in the video description.