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In this video, the presenter addresses freelancers who are uncertain about contract essentials, including legal language and payment terms. They introduce a client contract template created by a hired lawyer, which originally cost around $1,000 but is now offered for free. The video aims to provide an updated version of this template based on recent insights. The contract is suitable for various services aimed at other businesses, including Facebook ads management, marketing, website development, and mobile development. Viewers can access this valuable contract template for free via a provided link. The video also includes a walkthrough of the contract details.