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In this video, Matthew explains how to create a DJ contract using Legal Templates. Viewers are directed to a link provided in the video to access the templates. He advises hovering over "Business Forms" and selecting "View All Business Forms." To streamline the process, he recommends using the search function to find the DJ contract template quickly. Matthew notes that the transaction typically involves the sale of services, particularly for DJs. He discusses filling in details for both the DJ providing the services and the buyer, who may be the viewer themselves.