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Aaron Jacobson, known as the music industry lawyer and owner of Indie Artists Resource, offers affordable DIY contract templates for independent musicians seeking legal and business protection. This video focuses on the band partnership agreement available on indieartistsresource.com, essential for bands choosing a general partnership structure. Jacobson highlights the importance of having clear agreements to avoid disputes over rights, ownership of the band name, and financial matters. He shares an example of an artist facing challenges during a breakup, underscoring the necessity of discussing ownership of songs and recordings to facilitate a smoother transition.