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In this video, the speaker addresses common concerns freelancers have regarding what to include in their contracts, particularly around legal language and payment terms. They introduce a client contract template, created by a lawyer at a cost of $1,000, which is available for free on their channel. The video also offers updates to this template based on insights gained over the past few years. The contract is suitable for various B2B services, including Facebook ads management, marketing, website development, and mobile development. Viewers can access the contract template for free through a link provided in the video.