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In this video, Tom Satori discusses the importance of having a contract for graphic designers who are working with clients. He emphasizes that a contract helps prevent designers from being taken advantage of, outlining work hours, payment, and providing legal protections. Tom also mentions that he has made updates to his contract for 2021, which he will review in the video. Additionally, he introduces Skillshare, an online learning platform offering a variety of creative courses, including graphic design and photography. Viewers are encouraged to stay tuned for more information on accessing Skillshare premium.