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In this episode of the Employment Law Minute, host John Scoles and employment lawyer Alex Lucha Ferro discuss the significance of employment contracts, which are crucial documents signed by employees. Many employees do not fully understand their contract terms, while employers often rely on boilerplate templates, risking the validity of these agreements. The hosts emphasize that employment contracts dictate essential aspects of the employer-employee relationship, such as payment and working hours. They aim to break down the complexities of employment contracts and provide guidance on how individuals can protect themselves in these agreements.