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In this video, the presenter addresses freelancers' concerns about creating contracts, specifically regarding legal language and payment terms. They introduce a client contract template developed by a lawyer, which originally cost around $1,000, but they are offering it for free. The video aims to provide an updated version of this template based on lessons learned over the past few years. The contract is applicable for various services, particularly for business-to-business interactions, such as Facebook ads management, marketing, or website and mobile development. Viewers can access the free contract template through a link provided below in the video.