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Many freelancers starting out are unsure about what to include in their contracts, especially concerning legal language and payment terms. In this video, the presenter shares a client contract template created with the help of a lawyer, which originally cost around $1,000 but is available for free. The template has been updated based on insights gained over the past few years and is suitable for various services offered to businesses, including Facebook ads management, marketing, website, and mobile development. Viewers are invited to check out the contract template, which is accessible for free.