Scottish-headquartered UK law firm Shepherd and Wedderburn has reported a 10% increase in turnover to £78.3 million and a 20% rise in net profits to £36.1 million for the year ending 30 April 2025.

This marks the fifth consecutive year of revenue and profit growth.

In recognition of the firm’s performance, a bonus of 5% of annual salary will be paid to all employees this month with individual performance bonuses also to be awarded.

Shepherd and Wedderburn Managing Partner Andrew Blain said: “I am pleased we have delivered another year of strong growth. Our performance reflects the strength of our client relationships and our investment in key sectors and practice areas, including Clean Energy, Real Estate and Infrastructure, Financial Services, Technology and Life Sciences, and Private Wealth.

“The quality of the talent we have attracted to join us over the last year has deepened our expertise in a number of strategically important areas helping us to secure mandates from existing and new clients. We are grateful to our clients for continuing to place their trust in us.

“Looking ahead, we will continue to invest in talent and solutions to amplify our support to clients as they navigate complex market landscapes.”

During the past year, Shepherd and Wedderburn welcomed five new partners to the firm. The firm’s Clean Energy team was strengthened by the addition of Craig Whelton in Planning; Claire MacLean in Real Estate and Infrastructure; and Graham Young, in Project Finance. Additionally, the Employment team was bolstered by partners Tricia Walker and Andrew Knight.

Shepherd and Wedderburn also promoted Gavin Charlton to Partner in the Employee Share Incentives team. In addition, the firm promoted Pamela Binnie (Real Estate and Infrastructure) and Roddy Forgie (Media and Technology) to Legal Director.

Over the past year, Shepherd and Wedderburn advised on a range of matters highlighting the firm’s expertise in key areas of strategic focus, including:

1. Advising AviAlliance on its £1.53 billion acquisition of AGS Airports, the owner of Aberdeen, Glasgow, and Southampton airports.
2. Acting for the Scottish National Investment Bank on its investment into Subsea Micropiles, iGii, ForEV and Orbex.
3. Providing planning, property and commercial advice on the circa 1.5GW Outer Dowsing Offshore Wind Farm off the Lincolnshire coast.
4. Advising Canadian Solar (a battery energy storage systems supplier and contractor) on the Coalburn 1 Battery Storage Project, a 500MW project in South Lanarkshire.
5. Acting on behalf of British Land on the acquisitions of Queens Drive Retail Park, Kilmarnock and Inshes Retail Park, Inverness.
6. Acting for LondonMetric Property (LMP) on the Scottish real estate aspects of its merger with LXI REIT plc.
7. Advising Acciona on all contract and dispute matters during the construction period and ongoing operation of three major Energy from Waste (EfW) Facilities at Aberdeen (NESS), West Bromwich and Edmonton, North London.
8. Acting for Serene Health Ltd in its funding round, which attracted investments from prominent firms including Fuel Ventures, Ada Ventures, and NatWest.
9. Acting for Chicago-based S2G Ventures as an incumbent investor in the various closings of a series C financing of Perthshire-based Intelligent Growth Solutions Limited (IGS) – a developer and supplier of advanced vertical farming systems and technology.
10. Advising Atrato Onsite Energy on the Scottish aspects of a £250 million asset backed security financing.