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In this video, the presenter addresses freelancers' concerns about creating contracts, particularly regarding legal language and payment terms. They introduce a client contract template developed by a lawyer at a cost of about $1,000, which they previously shared for free. The presenter offers an updated version of this template, reflecting insights gained over the past few years. This contract is suitable for various services, including Facebook ads management, marketing, website development, and mobile development, specifically for B2B transactions. Viewers are encouraged to download the free template provided in the video.