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2027 Edition
  • Financial and corporate
    11 firms ranked
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  • Project development
    6 firms ranked
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BBA//Fjeldco remains one of Iceland’s leading business law firms, with a strong reputation across M&A, energy, infrastructure, regulatory and finance-related matters. The firm is regularly involved in complex domestic and cross-border transactions, advising corporates, public-sector bodies, investors and international institutions on strategically important projects and investments.

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)

JURIS remains one of Iceland’s leading business law firms, advising financial institutions, listed companies, investors, public-sector bodies and corporates on a broad range of financing, M&A, real estate and infrastructure matters. The firm is particularly recognised for its strength across both financial and corporate transactions, where clients value its ability to combine commercial insight with deep knowledge of the Icelandic market.

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)

Lagahvoll has established a strong reputation in the Icelandic market for advising on banking and finance, corporate transactions, capital markets and investment matters. The firm is particularly active in M&A, private equity and growth-stage investment work, advising businesses, investors and entrepreneurs on transactions and strategic corporate matters.

The practice advises on acquisitions, investments, financing arrangements, corporate restructurings and governance matters, combining technical expertise with a practical understanding of clients' commercial objectives. Its work spans established Icelandic businesses as well as companies operating in growth and innovation-driven sectors.

Recent work reflects a client base spanning technology, energy, real estate, consumer products and investment-related matters. The firm advises clients including Dohop, Carbon Iceland, Solid Clouds, Félagsbústaðir and Kjötkompaníið, demonstrating the breadth of its corporate and transactional practice.

Clients value the firm's combination of technical expertise, market knowledge and commercial awareness. Feedback highlights the team's responsiveness and proactive, business-minded approach, with particularly positive recognition of the firm's partner-level expertise and ability to provide pragmatic advice on M&A and private equity matters.

Key clients

Dohop ehf.; Carbon Iceland ehf.; Solid Clouds hf.; Félagsbústaðir hf.; Kjötkompaníið ehf.

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)
Landslög maintains a strong presence in the Icelandic financial and corporate market, advising financial institutions, public-sector bodies, corporates and investors across banking and finance, financial services regulatory, corporate and infrastructure-related matters. The firm is particularly recognised for work where financing, regulatory and public-sector considerations intersect.

The practice is active across banking and finance, regulatory matters, corporate transactions and project development. It advises both public and private sector clients on financing, procurement, infrastructure and strategic corporate matters, combining local market expertise with experience handling complex mandates involving multiple stakeholders.

The firm's client base reflects its strength across financial services, infrastructure, construction and government-related work. Recent clients include Sendafélagið, the Icelandic Road and Coastal Administration (IRCA), the Prime Minister of Iceland and other ministries, Íslandsbanki and Icelandic Prime Contractors (IAV). This mix reinforces the firm's established profile in banking and regulatory advice alongside its involvement in significant public-sector and infrastructure matters.

Clients consistently praise the firm's responsiveness, accessibility and speed of execution. Feedback highlights the team's practical problem-solving capabilities, commercially pragmatic approach and ability to protect client interests effectively in negotiations and other complex matters. The practice receives particularly strong recognition for its competition and regulatory expertise, technical knowledge and ability to provide clear, solution-oriented advice.

Key clients

Sendafélagið ehf.; Icelandic Road and Coastal Administration (IRCA); Prime Minister of Iceland and other Icelandic ministries; Íslandsbanki hf.; Icelandic Prime Contractors (IAV).

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)


 
58 results58 results
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Deal Highlights
62 results62 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Digital Bridge - Financing
2021-12-15
Lex Law Offices
Iceland
Financing
Gudmundur Ingvi Sigurdsson
Digital Bridge
Borrower
Kría investment firm - Fund raising
Lex Law Offices
Iceland
Fund raising
Stefán Orri Ólafsson
Kría investment firm
Investor
Estate of Gluggasmiðjan ehf - Insolvency
Lex Law Offices
Iceland
Insolvency
Lilja Jónasdóttir, Birgir Már Björnsson
Estate of Gluggasmiðjan ehf
Liquidator
Síldarvinnslan hf - IPO
2022-01-15
Lex Law Offices
Iceland
IPO
Stefán Orri Ólafsson, Eyvindur Sólnes
Síldarvinnslan hf
Issuer
Baader - M&A
2021-02-20
Lex Law Offices
Iceland
M&A
Gudmundur Ingvi Sigurdsson
Baader
Acquirer
Ardian - M&A
Lex Law Offices
Iceland
M&A
Gudmundur Ingvi Sigurdsson
Ardian
Acquirer
Carbfix ohf - Project finance
2022-02-26
Lex Law Offices
Iceland
Project finance
Gudmundur Ingvi Sigurdsson
Carbfix ohf
Project company
Digital Bridge - M&A
2021-12-14
Lex Law Offices
Iceland
M&A
Ólafur Haraldsson
Digital Bridge
Acquirer
Landeldi ehf - Secondary share offering
Lex Law Offices
Iceland
Secondary share offering
Garðar Víðir Gunnarsson
Landeldi ehf
Issuer
Landeldi ehf - Secondary share offering
2022-02-24
Lex Law Offices
Iceland
Secondary share offering
Garðar Víðir Gunnarsson
Landeldi ehf
Issuer
Stefnir hf - Fund formation
2021-10-15
Lex Law Offices
Iceland
Fund formation
Stefán Orri Ólafsson
Stefnir hf
Fund manager
Olympus; Sikmas - Real estate acquisition
2022-02-24
Juris
Iceland
Real estate acquisition
Halldór Jónsson
Olympus, Sikmas
Investor
Aptos - M&A
2021-01-02
Juris
Iceland
M&A
Simon Knight
Aptos
Acquirer
ÍSAM ehf - M&A
2021-01-12
Juris
Iceland
M&A
Sigurbjörn Magnússon
ÍSAM ehf
Merger party
Eyja fjárfestingafélag - M&A
2021-01-05
Juris
Iceland
M&A
Halldór Jónsson
Eyja fjárfestingafélag
Acquirer
PPH ehf - M&A
2021-01-06
Juris
Iceland
M&A
Halldór Jónsson
PPH ehf
Acquirer
BVS ehf - M&A
2021-01-07
Juris
Iceland
M&A
Halldór Jónsson, Bjarni Aðalgeirsson, Hólmfríður B. Sigurðardóttir
BVS ehf
Seller
Bakkastakkur slhf; Summa Rekstrarfélag - Restructuring
2022-02-24
Juris
Iceland
Restructuring
Simon Knight
Bakkastakkur slhf, Summa Rekstrarfélag
Shareholder
Íslandsbanki hf - Financing
2021-03-29
Juris
Iceland
Financing
Ingvar Ásmundsson
Íslandsbanki hf
Lender
The New Business Venture Fund - M&A
2021-04-16
Juris
Iceland
M&A
Ingvar Ásmundsson
The New Business Venture Fund
Investor
3
of
4
By Firm
16 results16 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
3
0
Advel
Iceland
1
0
BBA // Fjeldco
Iceland
11
0
Cooley
1
0
Freshfields
2
0
Fried Frank Harris Shriver & Jacobson
1
0
Juris
Iceland
10
0
King & Spalding
1
0
Kirkland & Ellis
2
0
Lex Law Offices
Iceland
15
0
Linklaters
2
0
Logos
Iceland
7
0
Mayer Brown
3
0
McGuireWoods
1
0
White & Case
1
0
Wilson Sonsini Goodrich & Rosati
1
0
The 2027 edition recognises 3,524 practices across 24 jurisdictions, with France, Germany and the UK driving much of the growth following the introduction of new tables
The Reykjavik-based firm is AGRD’s third addition since it launched in 2025 with six firms, as the group targets further international expansion
12th annual awards announces winners
Important information and updates for the LMG Life Sciences Awards 2022
IFLR explains the EU’s green finance rules and how they will change the investor landscape
Market participants expect significant consolidation to be aided by pandemic-related falling valuations
Putting the S in ESG: bankers and lawyers opine on the slowly but surely growing market
IFLR1000
Fjeldsted & Blöndal combines with BBA Legal
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