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In this video tutorial, the speaker addresses freelancers' concerns about creating contracts, including legal language and payment terms. They introduce a client contract template, originally drafted by a lawyer at a cost of $1,000, which they have made available for free on their channel. The speaker also mentions that this contract template has been updated based on insights gained over recent years. The template is applicable for various services, particularly in B2B contexts, such as Facebook ads management, marketing, website development, and mobile development. Viewers are encouraged to access the free contract template provided in the video description.