We initiate the study of the forward and backward shifts on the Lipschitz space of a tree, L, and on the little Lipshitz space of a tree, L 0 . We determine that the forward shift is bounded both on L and on L 0 and, when the tree is leafless, it is an isometry; we also calculate its spectrum. For the backward shift, we determine when it is bounded on L and on L 0 , we find the norm when the tree is homogeneous, we calculate the spectrum for the case when the tree is homogeneous, and we determine, for a general tree, when it is hypercyclic.