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Christa Hughes, founder of a nerds WorldCom in Toronto, discusses the importance of having a Statement of Work (SOW) for graphic designers and web developers. She explains that while contracts are important, SOW adds necessary detail for project clarity. Hughes emphasizes the significance of SOW in avoiding misunderstandings and disputes with clients. The SOW should include project scope, timelines, deliverables, and client expectations. Hughes advises freelancers to include SOW in their contracts for effective project management.