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In this video tutorial on publishing contracts, the speaker focuses on the "right of first refusal" clause commonly found in contracts with university presses. This clause allows the publisher the first opportunity to publish an author's next book, obligating the author to offer it to them before considering other publishers. The speaker emphasizes that this clause should always be rejected, as it limits an author's options and can be a standard practice that every publisher endorses. They caution first-time authors, who may feel grateful for any publishing offer, to be wary of signing such contracts without understanding the implications.