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In this video, Julian Lalo, a Melbourne-based fashion and food photographer, discusses the importance of contracts for freelance photographers. He shares his personal contract, which he has developed over time based on his experiences. This contract is a PDF document that he updates whenever he encounters important situations with clients. Julian emphasizes the need for simplicity, noting that many clients overlook terms and conditions. Therefore, he keeps the contract to one page with subheadings and bullet points to encourage reading. He clarifies that while the document is helpful, it is not legally binding.