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Tier 1
Tier 3
Notable
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Tier 1
The practice is particularly recognised for its work in energy transition, infrastructure development and corporate transactions, where regulatory, financing and environmental considerations frequently intersect. The team continues to advise on matters at the forefront of Iceland’s evolving economy, supporting both private and public-sector clients on transactions, policy-driven projects and investment initiatives.
Recent work highlights the breadth of the firm's client base, which includes The European Climate, Infrastructure and Environment Executive Agency (CINEA), the Environmental and Energy Agency of Iceland (Umhverfisstofnun), Downing Iceland Hydro, the World Bank and the Ministry for Foreign Affairs of Iceland. These mandates reflect the firm's continued involvement in energy, sustainability, infrastructure and government-related projects with both domestic and international dimensions.
Clients and market participants recognise the firm's strong technical expertise, commercial awareness and ability to advise on complex corporate, finance and project-related matters. Feedback highlights the firm's reputation as a premium adviser in the Icelandic market, with capabilities that compare favourably with other leading firms in the jurisdiction. The practice is particularly valued for its depth of expertise and ability to support clients on sophisticated domestic and cross-border mandates.
Key clients
The European Climate, Infrastructure and Environment Executive Agency (CINEA); Environmental and Energy Agency of Iceland (Umhverfisstofnun); Downing Iceland Hydro ehf.; World Bank; Ministry for Foreign Affairs of Iceland (Utanríkisráðuneytið).
Testimonials
“Viewed as comparable in quality to some of Iceland's leading business law firms.” (Market feedback)
“Recognised for strong technical expertise across corporate, finance and project-related matters.” (Market feedback)
“A premium firm with a strong reputation for sophisticated legal advice.” (Market feedback)
“Experienced and highly regarded on complex transactional and development matters.” (Market feedback)
The practice is active across banking and finance, capital markets, corporate transactions, real estate and infrastructure investments. The team regularly advises on complex financing arrangements, strategic acquisitions, investment structures and asset transactions, supporting clients across sectors including financial services, real estate, healthcare, life sciences, consumer products and public infrastructure.
Recent work highlights the breadth of the firm's client base, which includes Íslandsbanki, Kvika Bank, Alvotech, Oculis, Heimar, Reitir, ÍSAM, SKEL fjárfestingarfélag, the Government of Iceland (Ministry of Finance) and Innviðir fjárfestingar II. The firm also continues to advise domestic and international investors, corporates and public-sector entities on significant financing and investment mandates, reinforcing its position as a trusted adviser on some of Iceland’s most important business and infrastructure projects.
Clients consistently praise the firm's responsiveness, availability and commercial approach to complex transactions. Feedback highlights the team's deep expertise across banking, finance, M&A, private equity and infrastructure matters, as well as its ability to manage transactions efficiently and coordinate multiple stakeholders. The practice is particularly recognised for combining strong technical capabilities with practical business judgement, making it a trusted adviser on strategically important investments, financings and development projects.
Key clients
Íslandsbanki hf.; Ísfélag hf.; Ó. Johnson & Kaaber – ÍSAM ehf.; Heimar; Reitir hf.; Kvika Bank hf.; Government of Iceland (Ministry of Finance); Alvotech hf.; Oculis; SKEL fjárfestingarfélag hf.
Testimonials
“Highly responsive and always available when needed.” (Banking and finance)
“A trusted adviser with deep expertise across corporate and transactional matters.” (M&A)
“Strong technical expertise combined with excellent commercial awareness.” (Private equity)
“Reliable, professional and highly effective in execution.” (Corporate finance)
“Strong project management skills and the ability to lead complex negotiations.” (Infrastructure / Project development)
“Deep expertise in complex finance, M&A and investment structures.” (Banking and finance / M&A)
The practice is especially active in venture capital, start-up financing and corporate advisory work, where clients value the firm's ability to combine commercial insight with practical legal solutions. The team regularly advises on investments, financing rounds, acquisitions, corporate restructurings and governance matters, supporting clients throughout all stages of business growth and development.
Recent work reflects the breadth of the firm's client base, which includes Summa rekstrarfélag, wpd international, HS Orka, Orkusalan and Grundarfjarðarbær. The firm continues to advise clients operating across energy, infrastructure, investment management and public-sector sectors, reinforcing its position as a trusted adviser on both innovative growth businesses and established corporate enterprises.
Lagahvoll is also recognised for its capital markets expertise and its role in matters involving sustainable finance and investment structures.
Clients value the firm's combination of technical expertise, commercial awareness and responsiveness. Feedback highlights the team's strong understanding of the Icelandic market, pragmatic approach to transactional matters and ability to provide business-oriented advice. The practice is particularly recognised for maintaining close client relationships and delivering commercially focused solutions while supporting clients on investments, financing transactions and corporate matters.
Key clients
Summa rekstrarfélag hf.; wpd international hf.; HS Orka hf.; Orkusalan ehf.; Grundarfjarðarbær.
Testimonials
“Strong technical expertise and market knowledge.” (M&A / Private Equity)
“Highly responsive and commercially aware.” (M&A / Private Equity)
“Business-minded and proactive in its approach.” (M&A / Private Equity)
“Excellent partner-level reputation and client service.” (M&A / Private Equity)
The practice maintains a strong presence across banking and finance, corporate transactions and capital markets work, while also advising on major infrastructure and development projects. The firm regularly assists both public and private sector clients on investment, procurement, financing and corporate matters, combining local market expertise with experience advising on complex transactions involving multiple stakeholders.
Recent work reflects the breadth of the firm's client base, which includes Dohop, Carbon Iceland, Solid Clouds, Félagsbústaðir, Kjötkompaníið, Sendafélagið, Íslandsbanki, Icelandic Prime Contractors (IAV), the Icelandic Road and Coastal Administration (IRCA), and the Prime Minister's Office and other Icelandic ministries. These mandates highlight the firm's continued activity across technology, infrastructure, real estate, consumer products, construction and public-sector projects.
Clients consistently praise the firm's responsiveness, accessibility and practical approach to legal matters. Feedback highlights the team's ability to provide commercially pragmatic solutions while maintaining a strong focus on protecting client interests in negotiations, regulatory matters and strategic business decisions. The practice is particularly recognised for its competition and regulatory expertise, technical strength and ability to deliver clear, solution-oriented advice across a range of complex matters. The firm also receives consistently strong feedback for client service, responsiveness and relationship management.
Key clients
Dohop ehf.; Carbon Iceland ehf.; Solid Clouds hf.; Félagsbústaðir hf.; Kjötkompaníið ehf.; Sendafélagið ehf.; Íslandsbanki hf.; Icelandic Prime Contractors (IAV); Icelandic Road and Coastal Administration (IRCA); Prime Minister of Iceland and other Icelandic ministries.
Testimonials
“Consistently responsive, accessible and quick to execute.” (Banking and finance)
“Strong practical problem-solving skills and solution-oriented advice.” (Banking and finance / Regulatory)
“Excellent at protecting client interests in negotiations and disputes.” (Corporate / Regulatory)
“Technically strong, authoritative and commercially pragmatic.” (Banking and finance)
“Strong competition and regulatory expertise.” (Regulatory)
“Responsive, reliable and highly client focused.” (Banking and finance)
BBA // Fjeldco stands out among Iceland's largest corporate law firms, distinguished by our unique combination of local market leadership and international capabilities. With over 30 lawyers qualified across multiple jurisdictions, including Iceland, England, France, and several US states, the firm is notably the only Icelandic law firm with operational offices outside the country - in London, UK, and Lille, France.
Our international expertise is further enhanced by our team's unique composition. Several of our Icelandic lawyers have significant experience working abroad (over 40 years combined), while our English and French lawyers have worked extensively with Icelandic clients and in the Icelandic market for over a decade. This distinctive blend of international experience and deep local market knowledge, combined with our unique international footprint, ideally positions us for complex cross-border work.
The firm has established itself as a market leader in several core practice areas. In mergers & acquisitions, BBA//Fjeldco has played a pivotal role in Iceland's largest deals (including advising on the acquisition of Iceland’s first unicorn), consistently earning top rankings from major ranking firms. The banking and finance practice is particularly noted for handling complex, multi-jurisdictional financing structures, making it a trusted advisor to both local and international banks for their most sophisticated transactions. In capital markets, the firm has built a strong reputation through its work on public listings and capital-raising strategies, while its financial services and fintech practice provides crucial regulatory expertise and licensing support.
Our specialists have provided seminars and preparation for CEOs and board members of commercial banks, credit institutions, securities companies, other financial institutions, insurance companies, payment services companies and other regulated entities in relation to FSA’s qualification assessment process for such positions.
What truly sets BBA//Fjeldco apart is its position as the go-to firm for international companies and law firms seeking Icelandic legal expertise. It maintains strong relationships with global law firms such as Linklaters, A&O Shearman, and Clifford Chance, while its deep connections to the Icelandic business community, including representation on Chamber of Commerce boards, ensure it stays at the forefront of local market developments. This combination of international reach and local market leadership makes BBA//Fjeldco uniquely positioned in the Icelandic legal market.
Juris is a full-service corporate law firm based in Reykjavík, Iceland. We represent clients from all business and economic sectors, from governments and local authorities to operating businesses, financial institutions and investors. We pride ourselves on developing long-term relationships with our clients, enabling us to tailor our approach and add additional value through our knowledge of their businesses and sectors.
We are Iceland’s only law firm with native Icelandic and English lawyers working together from our offices in Reykjavík. The background and knowledge of our multi-jurisdictional team enables us to provide international clients with a unique gateway to Iceland, providing seamless cross-border legal advice efficiently and cost-effectively.
Lagahvoll is an independent law firm with strong focus on impartiality. The firm was established in 2012 and is known for its partners´ experience within the financial industry and its focus on creating added value for its customers. Lagahvoll ‘s clients include international financial institutions, private equity and venture capital funds, start-ups, corporations and investors.
Landslog – Law Offices is a leading Icelandic law firm renowned for its expertise and strong market presence. The firm provides comprehensive legal services, excelling in dispute resolution and major transactions.
Banking & Finance: Landslog advises Iceland’s major banks and financial authorities. It played a key role in Iceland’s first asset-backed bond issue post-2008 and has guided high-profile bankruptcy and restructuring cases, including Kaupthing bank.
M&A: The firm has handled landmark transactions, such as advising HS Orka on a $305m sale and Vodafone Iceland on a €69m asset purchase. It also represented Hagar in its €133m acquisition of Oliuverzlun Islands.
Corporate & Commercial: Clients include top Icelandic companies, ministries, and municipalities. Landslog has advised on competition and state aid matters before the EFTA Surveillance Authority.
Dispute Resolution: The firm represents the Icelandic government, insurers, and corporations in high-profile cases, including Iceland’s first 250-participant class action. It has handled landmark D&O insurance claims and competition law disputes.
Data Protection & IT Law: Landslog leads in data protection and IT law, advising major entities like Advania and Iceland Post.
