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In this video, Megan discusses the critical elements to include in graphic design contracts and the timing for sending them. She emphasizes the importance of having a contract to avoid issues with difficult clients, referencing her previous client horror stories. Megan shares valuable tips on contract content to protect oneself professionally and ensure clarity in client relationships. Additionally, she touches on her exploration of project management systems and the potential changes she is considering. The video aims to equip viewers with knowledge on contract essentials and project management tools for better handling client interactions.