finance

Shepherd and Wedderburn invests in new Aberdeen office



Shepherd and Wedderburn is moving into a new office in Aberdeen which has the capacity to double the firm’s headcount in the city.

The law firm’s move to premises at 37 Albyn Place later this year comes as part of a three-year strategy to grow its business across the North East by supporting clients active in growth sectors, such as renewable energy.

Its Clean Energy Group comprises 90 lawyers, with more than 30 years’ specialist experience in the clean energy sector, spanning offshore and onshore wind, wave and tidal, low carbon infrastructure, hydro, biomass and energy from waste.

In addition, the firm now has one of the largest private wealth and tax practices in Scotland, following the acquisition of Dentons’ 20-strong Scottish private client team earlier this year.

Andrew Blain, managing partner of Shepherd and Wedderburn, said: “This latest investment in our Aberdeen presence underscores our commitment to our clients in the region and reflects our confidence in the economic potential here, particularly in sectors where we have particular expertise, such as renewables, education, corporate, agribusiness and private wealth and tax.”

Dan Smith, director and head of the Aberdeen office at Savills, said: “We undertook a comprehensive search for alternative office accommodation on behalf of Shepherd and Wedderburn, which ultimately settled on 37 Albyn Place.

“The building has recently undergone extensive refurbishment, and the quality and specification of the product – being open plan and highly specified – is unique for the prime West End of Aberdeen.”

In August, Shepherd and Wedderburn reported 4.1% turnover growth to £59.3m during the year to 30 April 2021, with profits before partner distributions rising 13% to £25.3m.

The firm has offices in Edinburgh, Glasgow, Aberdeen, London and Dublin.

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