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In this video, Julian Lalo, a Melbourne-based fashion and food photographer, explains the importance of contracts for freelance photographers. He shares his personal contract, which he developed from his experiences over the years. This document is not legally drawn up but is a PDF he has customized based on situations with clients. Lalo aims to keep the contract concise, ideally one page, using subheadings and bullet points for clarity, to encourage clients to read it. He highlights that while it's not legally binding, it contains essential information for both photographers and clients before a shoot.