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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, and establish payment terms, potentially avoiding legal issues. Tom also mentions that he’s made updates to his contract for 2021, which he will review in the video. Additionally, he introduces Skillshare, an online learning platform offering a wide range of courses related to graphic design, web design, photography, and more, encouraging viewers to stay tuned for more information about it.