Legal Business

Sponsored firm focus: Focus on LEX Law Offices

Borgartún 26, 105 Reykjavík, Iceland | T: +354 590 2600 | E: | W:

Practice areas: Banking, finance and capital markets; competition law; constitution and human rights; construction, public procurement and tendering law; corporate and commercial law; corporate finance and project finance; data protection and information technology; employment and labour law; energy, natural resources and environmental law; European law; insolvency, bankruptcy and financial restructuring; insurance and tort; intellectual property and technology transactions; litigation, arbitration and dispute resolution; mergers and acquisition; property law; public administration, public parties and urban planning; real estate; shipping, transportation and maritime law; telecommunication law

Firm profile

Tracing its roots back to 1959, LEX is one of the leading full-service law firms in Iceland. Based on a traditional legal practice of litigation, real estate law, bankruptcy law and corporate and commercial law, LEX has been a pioneer in the Icelandic legal environment when it comes to innovation based on new market trends. LEX’s intellectual property practice is second to none, offering its clients full service in that sector. Furthermore, LEX is at the forefront in the space of IT and technology transactions, which has become a trivial component in its advisory across different practice areas. Our team has deep industry experience in various sectors, making it possible to provide practical advice and innovative solutions.

In an ever-changing landscape, foreseeability about project development and project expenses has become a major factor in the operation of any law firm. For years LEX has applied a project management approach in most of its practice areas with great success. All lawyers at the firm have received training in project management and with collaboration with universities, further steps have been taken with certain practice areas, in order to maximise efficiency and implement new processes.

This project management effort has awarded LEX with increased efficiency for the benefit of all stakeholders, the firm, its clients and employees.

Furthermore, it has allowed LEX to introduce alternative billing mechanism in a more focused way than before which has been taken by open arms by its clients.

Team profile

The M&A team at LEX consists of 12 experts on the subject. The strength of the team does not only derive from the experts within the M&A sector but its capability to draw on other expertise within the firm. In the last few years, the team has been working very notably along with the IP, IT and the technology transactions teams at the firm. In today’s world the IP and technology sectors play an ever-important role and being able to draw on the expertise of top-ranked partners within those practice areas has considerably strengthened LEX’s position in this competitive market. Core areas include complex technology transactions, strategic licensing, e-commerce, cloud computing, IP development, outsourcing and open source.

LEX has been blessed in being at the advisory table in most of the largest cross-border transactions that have taken place in this field over the last few years.

L-R: Erla S Árnadóttir, Eyvindur Sólnes, Fanney Frímannsdóttir, Garðar Víðir Gunnarsson, Guðmundur Ingvi Sigurðsson, Lára Herborg Ólafsdóttir, Ólafur Haraldsson, Stefán Orri Ólafsson, Örn Gunnarsson

At a glance: LEX Law Offices

Headcount: partners 18, assistants 4, associates 16, paralegals 4

Offices: Reykjavík (Iceland), Selfoss (Iceland)

Key clients: Arion Bank hf.; Sjóvá-Almennt tryggingar hf.; Síldarvinnslan hf.; Sjávarsýn ehf.; Samskip hf.; Reykjavík Energy; Mjólkursamsalan hf.; Olíuverslun Íslands hf.; Iceland Seafood International hf.; Toyota Iceland