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In this video, Tom Satori discusses the importance of having a contract for graphic designers working with clients. He emphasizes that a contract helps prevent exploitation, outlines work hours and payment, and can protect against legal issues. Tom mentions that he has made updates to his own contract as he heads into 2021 and will share those details. Additionally, he introduces Skillshare, an online learning platform offering a wide variety of creative courses including graphic design, logo design, web design, and photography, encouraging viewers to stay tuned for more information on accessing Skillshare Premium.