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In this video, the presenter discusses the top 10 essential elements to include in a photography contract. These elements are crucial for ensuring professionalism and protection in business dealings. The presenter notes that contracts can evolve over time, reflecting changes in experience and specific needs. They emphasize the importance of having a contract, as it establishes a professional standard in business and clarifies the agreement between the photographer and clients. Viewers are encouraged to customize their contracts as they grow in their photography careers, adding or adjusting clauses as necessary.