Scottish law firm Shepherd and Wedderburn has reported a 10% increase in turnover to £78.3 million and a 20% rise in net profits to £36.1m for the year ending 30 April 2025.
This marks the fifth consecutive year of revenue and profit growth.
Andrew Blain, managing partner, said: “Our performance reflects the strength of our client relationships and our investment in key sectors and practice areas.
“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 has welcomed five partners and announced a number of promotions.
A bonus of 5% of annual salary will be paid to all employees this month with individual performance bonuses also to be awarded.
Deals in which the firm has been involved include: advising AviAlliance on its £1.53 billion acquisition of AGS Airports, the owner of Aberdeen, Glasgow, and Southampton airports; acting for the Scottish National Investment Bank on its investment into Subsea Micropiles, iGii, ForEV and Orbex; and advising Canadian Solar on the Coalburn 1 Battery Storage Project in South Lanarkshire.
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