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In this video, Tom Satori discusses the importance of having a contract for graphic designers working with clients as we head into 2021. A contract helps protect designers from being taken advantage of and outlines essential aspects such as hours worked and payment terms, potentially avoiding legal issues. Tom also shares updates he made to his own contract for the new year. Additionally, he introduces Skillshare, an online learning community that offers numerous courses on various creative subjects, including logo design, graphic design, and photography. Viewers are encouraged to stay tuned for more information.