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In this video, Arturo invites Joel Kaplan, CEO of Agency Lab, to discuss an agency contract designed for viewers. Joel, who has experience scaling his own social media marketing agency to 300K/month, provides insights into the key elements of an effective contract. They go through the contract step by step, highlighting important sections to modify and emphasizing what should be included for optimal effectiveness. Viewers are encouraged to watch until the end to fully grasp the details and utilize this valuable contract template for their own agency needs.