Lex Law Offices


Borgartún 26
105 Reykjavík

+354 590 2600

Quick facts:

Number of lawyers: 39
Number of partners: 18
Network memberships: World Services Group, Energy Law Group, Nextlaw, INTA, ECTA
Languages: Icelandic, English, German, French, Scandinavian languages

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:

  • LEX has premium position in the Icelandic M&A market as evident by it’s involvement in number of domestic and international transactions over the years. 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).
  • SKEL Investment Company put their real estate owned by the company in an open sale process. The sale process consisted of selling the property and leasing it back, either to a long-term landlord or to a real estate development project. LEX provided SKEL with advice regarding the project, both regarding the negotiations and the documentation. The project was very extensive and was carried out in collaboration with Íslandsbanki's Corporate Finance, which handled the sales process on behalf of SKEL.


  • Aviation
  • Banking
  • Construction and materials
  • 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
  • Social infrastructure
  • Tech and telecoms
  • Tourism
  • Transport
  • Utilities

LEX Lögmannsstofa RSS feed

Ramp Up Iceland celebrates its 1000th ramp
Published: 01/12/2023 15:52:46 by
EU taxonomy – which business activities are green?
Published: 24/09/2023 17:06:09 by
LEX í hæsta gæðaflokki hjá IFLR
Published: 14/09/2023 16:23:19 by
Reopening of adjudicated cases
Published: 17/08/2023 10:09:44 by
LEX receives an Equal Pay Certification
Published: 05/06/2023 15:12:02 by
Municipal Finance
Published: 17/05/2023 14:40:18 by
Exclusivity period of original pharmaceutical products
Published: 11/05/2023 15:50:23 by
Artificial Intelligence Chatbot – Chat GPT
Published: 21/04/2023 13:48:03 by