UK law firm Shoosmiths has locked in a five year agreement to purchase carbon removal credits, according to a Law360 report. The deal covers a fixed volume of verified carbon removal units over the contract period, giving the firm a predictable supply of offsets to address its residual emissions. This type of long term procurement is still rare in the legal sector, where most firms buy credits on the spot market or skip offsets entirely. The structure matters because multi year contracts give carbon removal project developers the revenue certainty they need to scale up. Without forward offtake agreements, many removal projects struggle to get financing. Shoosmiths is effectively acting as an early buyer in a market that needs more demand side commitment to grow. The article does not specify which removal technology or registry is involved, which is a detail worth watching as the market matures.
