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In this video, Julian Lalo, a Melbourne-based fashion and food photographer, discusses the importance of contracts for freelance photographers. He shares his personal contract, which he has created based on his experiences over the years. The document is not legally drawn up but is amended as he encounters various situations with clients. Julian emphasizes that many people overlook terms and conditions, so he aims to keep his contract simple and concise, ideally fitting on one page with subheadings and bullet points to enhance readability. He highlights the significance of making sure clients understand important aspects before a shoot.