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In this video, Tom Satori discusses the importance of having a contract for graphic designers taking on clients as they move into 2021. He emphasizes that a contract helps prevent being taken advantage of and clarifies the terms of work, including hours and payment, while potentially protecting against legal issues. Tom also mentions that he has made updates to his contract for the upcoming year. Additionally, viewers will learn about accessing Skillshare premium, an online learning platform that offers numerous courses in creative fields such as logo design, graphic design, web design, and photography. Stay tuned for more details in the video.