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In this video, Kathryn from Montag Educate emphasizes the importance of having a newborn photography contract to operate as a legitimate business and protect oneself legally. She plans to read through her own contract, encouraging photographers to take notes and create their own versions. Kathryn also introduces JotForm, a free platform that allows users to create contracts, highlighting its convenience and accessibility for clients who can complete the forms on their devices. She intends to demonstrate the components of her contract, starting with the introductory section.