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In this video tutorial, the speaker discusses the importance of having a client contract for freelancers starting out. They provide a client contract template, originally created by a lawyer for their own use. The template is now offered for free and has been updated based on their experience in the last few years. The contract is suitable for any service being sold to business-to-business clients, such as Facebook ads management, marketing, website development, and mobile development. The updated template can be accessed for free below the video.