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In this YouTube video tutorial, the speaker discusses the importance of having a client contract for freelancers starting out. They offer a client contract template that was created by a lawyer for free, which originally cost around a thousand dollars. The template is suitable for any service sold to business clients, such as Facebook ads management or website development. The speaker also mentions that the template has been updated based on their experience over the last few years. Viewers can access the updated template for free by checking out the link provided below the video.