Lex Law Offices


Borgartún 26
105 Reykjavík

+354 590 2600

Quick facts:

Number of partners: 16
Number of associates: 18
Languages: Icelandic, English, German, French, Scandinavian languages
Network memberships: World Services Group, Energy Law Group, Nextlaw

Managing Partner
Örn Gunnarsson

Meet the team.

LEX is one of Iceland’s leading law firms, providing clients with a comprehensive range of services on a wide spectrum of financial, corporate and commercial issues, as well as other aspects of the law. It is the firm’s policy to meet the legal requirements of our clients in the context of ever-changing local and international markets.

Over the past decades, LEX has successfully acted on behalf of a large number of internationally respected corporations, organizations and private individuals both in Iceland and abroad.

Among LEX’s clients are major local and international banks, financial institutions, merchants and ship owners, along with a large number of municipalities, government organizations, insurance companies, manufacturers, businesses, media outlets, utilities and private individuals.

Banking, finance and capital markets
Ólafur Haraldsson

Recent transactional highlights:

  • LEX is an important provider of legal services to all three major banks in Iceland, Arion Bank, Islandsbanki and Landsbankinn. LEX also provides legal advice to Kvika Bank hf., a specialized investment bank focusing on asset management and capital markets. Recently, LEX represented Digital Bridge in its acquisition (separate notice) and financing of over 400 passive telecommunication infrastructure towers all around Iceland. Loans were made from Arion banki and a new infrastructure finance fund managed by Kvika Assets Management. Further LEX represented Carbfix, a subsidiary of Reykjavík Energy, in the incorporation and financing of the Coda Terminal Project (https://www.carbfix.com/codaterminal) ,  the first of its kind scalable onshore CO2 mineral storage hub.

M&A, Corporate & Commercial
Guðmundur Ingvi Sigurðsson

Recent transactional highlights:

  • Late December 2021 the Icelandic business publication Viðskiptablaðið reported on the 13 largest M&A transactions taking place in Iceland in 2021. Out of these 13 transactions, LEX acted in eight of them, in seven instances for the acquirers and in one instance for the buyer. These statistics reflect  LEX’ premium position in Icelandic M&A market.
  • One of the recent M&A transactions was the largest M&A transaction in Iceland in the last 14 years and was very complex, involving foreign investor to  acquire a nationally important infrastructure asset (an exercise which has never been done in Iceland before).

  • Aviation
  • Banking
  • Construction and materials
  • Consumer goods and services
  • Energy
  • Financial services
  • Fisheries and aquaculture
  • Food and beverage
  • Government and public policy
  • Healthcare
  • Industrials
  • Insurance
  • Investment management
  • Media
  • Natural resources
  • Oil and gas
  • Pharm and life sciences
  • Real estate
  • Shipping
  • Tech and telecoms
  • Tourism
  • Transport
  • Utilities

LEX Lögmannsstofa RSS feed

LEX is Strongest in Iceland!
Published: 21/11/2022 17:29:35 by
LEX – Excellent in Iceland 2022!
Published: 21/11/2022 17:05:37 by
Issuance of Profit Warnings
Published: 10/11/2022 15:38:54 by
Toast with Virtual Champagne
Published: 18/10/2022 17:44:14 by
Data Protection law violation – Abuse of dominance?
Published: 18/10/2022 17:36:40 by
„Lagadagurinn“ (Legal Seminars) 2022
Published: 22/09/2022 11:57:07 by
Highly Regarded – IFLR1000
Published: 08/09/2022 15:21:06 by
IFLR 1000 ranks LEX in Tier 1
Published: 18/08/2022 11:02:19 by