检查给定的键是否已经存在于字典中

I wanted to test if a key exists in a dictionary before updating the value for the key. I wrote the following code:

if 'key1' in dict.keys():
  print "blah"
else:
  print "boo"

I think this is not the best way to accomplish this task. Is there a better way to test for a key in the dictionary?