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In this video, the presenter addresses common concerns among freelancers about what to include in their contracts, specifically regarding legal language and payment terms. They introduce a client contract template created by hiring a lawyer at a cost of about a thousand dollars, which they previously made available for free. The presenter also mentions updates to the contract based on lessons learned over the past few years. The template is applicable for various B2B services, including Facebook ads management, marketing, website, and mobile development. Viewers can access this free contract template through a link provided in the video.