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In this video, the speaker addresses freelancers concerned about what to include in their contracts, particularly regarding legal language and payment terms. They share a client contract template created by a lawyer at a cost of approximately $1,000, which they have since released for free. The speaker emphasizes updates made to the template based on recent experiences. This contract is suitable for various services sold to businesses, including Facebook ads management, marketing, website development, and mobile development. Viewers can access the updated template for free through a provided link. The video then transitions to a demonstration of the contract.