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Julian Lalo, a Melbourne-based fashion and food photographer, discusses the importance of contracts for freelance photographers in his video tutorial. He shares his personal contract, a PDF document created based on his experiences with clients. Lalo emphasizes the importance of clearly outlining key points for future clients to know prior to a shoot. He keeps the document concise, with subheadings and bullet points to ensure that clients read and understand the terms. While not legally binding, the contract serves as a valuable tool for setting expectations and avoiding misunderstandings with clients.