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In this video, the speaker addresses freelancers' concerns about what to include in contracts, particularly regarding legal language and payment terms. They introduce a client contract template, created with the help of a lawyer at a cost of $1,000, which is now available for free. The speaker highlights that this updated template is applicable to service-based businesses in various sectors, such as Facebook ads management, marketing, website development, and mobile development. The goal is to provide freelancers with a reliable contract option for B2B services. Viewers are invited to check the description for the free contract template and to follow along as the speaker demonstrates it on the computer.