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The speaker discusses a downloaded independent contractor agreement found online through a Google search, noting it's not significantly good or bad—just average. They express concern over the agreement's completeness, stating that as a contracts lawyer, they would be liable for malpractice if they provided this document to a client due to its inadequacy. The speaker highlights certain problematic areas in the agreement, indicating it fails to meet necessary standards typical of online resources. This evaluation reflects the general quality of such downloadable contracts from the internet.