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In this video, freelancers often struggle with creating contracts, especially regarding legal language and payment terms. The presenter shares a client contract template developed by a lawyer, which originally cost about $1,000 but is now available for free. The video aims to provide an updated version based on recent experiences. This contract template is suitable for various services offered to businesses, including Facebook ads management, marketing, website development, and mobile development. Viewers are encouraged to check the video description for access to the free contract template and to follow along as the presenter demonstrates its features.