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In this video, Tom Satori discusses the importance of having a contract for graphic designers who take on clients. He emphasizes that a contract can prevent exploitation, define work hours, establish payment, and help avoid legal issues. Satori mentions that he has made updates to his contract as he heads into 2021 and plans to review these changes. Additionally, he introduces Skillshare, an online learning platform offering a variety of creative courses, including graphic design, logo creation, and web design. Viewers are encouraged to stay tuned for more information.