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Many freelancers starting out often struggle with what to include in their contracts, specifically regarding legal language and payment terms. In this video, the presenter shares a client contract template they created with a lawyer, which originally cost around a thousand dollars but is now available for free. The video also includes updates based on lessons learned over the past few years. This contract template is suitable for various services, particularly for B2B offerings like Facebook ads management, marketing, or web and mobile development. Viewers are encouraged to check the video description for the free contract template.