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In this video, Julian Lalo, a Melbourne-based fashion and food photographer, discusses the importance of contracts for freelance photographers. He shares his personal contract, which he has created through his experiences in the field, not drawn up by a lawyer. Julian emphasizes that he regularly updates this PDF document based on situations that arise with clients. To ensure clients read it, he keeps the document to one page, using subheadings and bullet points for clarity. He notes that while it is not legally binding, it contains crucial information that is important for clients to understand before a shoot.