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In this video, the presenter addresses freelancers concerned about contract specifics, including legal language and payment terms. They introduce a client contract template created with the help of a lawyer, which originally cost $1,000 but is offered for free. The video will also provide updates based on lessons learned over the past few years. This template is applicable for various services aimed at B2B clients, such as Facebook ads management, marketing, website development, and mobile development. Viewers can access the contract template for free via a link provided. The video then transitions to a demonstration of the contract.