A global surge in commodity prices is pushing energy back to the top of law firms’ agendas, especially in Scotland. Sophie Evans finds the top Scots players positioning themselves to profit from fossil fuel and the power of tomorrow
As market dynamics shift from a dearth of lawyers to work on deals to a dearth of work to keep fee earners busy, Scotland’s law firms are thanking their lucky stars for the energy market. The renewed focus on North Sea oil sparked by high prices and lack of supply is certainly serendipitous for the spread of work it is providing to Scotland’s law firms. From health and safety reviews of oil rigs, to advice on decommissioning them, to raising finance for the companies seeking to invest in oil and gas or renewable energy, the business opportunities are varied.
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