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In this video, the speaker addresses freelancers' concerns about what to include in their contracts, particularly regarding legal language and payment terms. They present a client contract template that was professionally created by a lawyer, which cost $1,000, but is now available for free. The video aims to provide updates based on learned experiences over the last few years. The contract is applicable for various services offered to businesses, such as Facebook ads management, marketing, website development, and mobile development. Viewers are encouraged to check the description for a link to download the free contract template.