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In this video tutorial, the speaker addresses common concerns of freelancers regarding contract essentials, such as legal language and payment terms. They introduce a client contract template developed by a lawyer, originally costing around a thousand dollars, which they are now offering for free. The template has been updated based on learnings from recent years and is applicable for various services sold to businesses, such as Facebook ads management, marketing, website development, and mobile development. The speaker invites viewers to access the contract template for free and proceeds to demonstrate it on the computer.