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In this video, Tom Satori discusses the importance of having a contract as a graphic designer to protect against exploitation and clarify work terms. He emphasizes that a contract can define the hours worked, payment rates, and potentially avoid legal issues. Tom also mentions that he has made updates to his own contract for 2021 and will share these changes. Additionally, he introduces Skillshare, an online learning platform with a vast range of creative courses, including logo design, graphic design, web design, and photography. Viewers are encouraged to stay tuned for more information on accessing Skillshare premium.