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In this video, the speaker discusses the consequences of a lawsuit involving a client who was sued for $70,000 over a copyrighted image placed on their website by a designer. To avoid similar legal issues, the speaker emphasizes the importance of proper contracts and shares a contract template used for web design projects. They clarify that they are not an attorney and do not provide legal advice, encouraging viewers to consult with a legal professional for specific contractual matters. The provided contract template serves as a foundational tool for web designers to customize with their own details and legal requirements, ensuring better protection and clarity in future projects.