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In this video tutorial, the speaker addresses common concerns freelancers have about creating contracts, particularly regarding legal language and payment terms. They introduce a client contract template developed by a lawyer, which cost about $1,000 but is now available for free. The speaker plans to provide an updated version based on insights gained over the past few years. The contract is applicable to various services sold to businesses, including Facebook ads management, marketing, website development, and mobile development. The speaker invites viewers to access the free template and proceeds to demonstrate it on the computer.