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In this video tutorial, the importance of using formal contracts in photography is emphasized, regardless of the specialization, such as landscapes, events, or portraits. It identifies various types of photography work that require contracts, including events, modeling, product advertising, real estate, and weddings. The video also discusses the reasons for using contracts, highlighting the need for confidentiality and clear communication of expectations between parties. It stresses the significance of addressing specific details in the contract to protect the interests of all involved, ensuring a mutual understanding of the terms and conditions of the photography services.