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Rankings published in 2026
Tier 1
Tier 3
Notable
Tier 1
Linked Reviews
Financial and corporate
The leading Icelandic law firm Lex Law Offices was founded in 1959. It operates out of Reykjavík. The firm is prominent in Iceland across the financial and corporate space.
Highlights
With one of the most experienced banking and finance teams in the market, the firm advises financial markets participants on a plethora of transaction types, whether large project and acquisition finance mandates, or large financial restructurings and capital market issuances.
The firm is also strong in M&A, where it represents clients on a mix of high-value acquisitions, mergers and financial investments across a broad assortment of sectors of the Icelandic economy.
Testimonials - 2024/2025
"Fanney Frimannsdottir is an excellent lawyer."
"Guðmundur Ingvi Sigurðsson is an excellent lawyer."
Key clients - 2023/2024
Key clients include Alfa framtakArdian France, Arion bank, Baader, Carbfix, Costco Wholesale Iceland, Digital Bridge, Fossar markets, Iceland Seafood International, Islandsbanki, Kirkbi, Kría Investment firm, Landeldi, Landsbankinn, PCC BakkiSilicon, Reginn, Reykjavik Energy, Síldarvinnslan, SKEL investment firm, Treble Technologies, United Arab Emirites, Viska Digital Assets.
Research period review: 33rd edition (2023/2024)
In terms of finance and banking the firm was focused on asset financing and asset acquisitions. The firm also advised on some notable refinancings. Most of the firm's clients in the field have come from the investment management sector.
In terms of capital markets work, the firm saw a lot of mandates on the equity side. This was mainly in the form of private placements and secondary share offerings.
The firm has also continued its activity in investment funds.
In the field of M&A, the firm worked on a lot of mandates from companies in investment management, technology and telecommunications as well as industrial and manufacturing.
In project development the firm was active in the energy sector, as well as the fisheries and aquaculture sector.
Deal highlights: 33rd edition (2023/2024)
The Coda Terminal Project
Rotovia $67 million financing
PCC BakkiSilicon $350 million refinancing
Testimonials - 2023/2024
"Eva Margrét Ævarsdóttir was extremely helpful, responsive and provided valuable insights."
"Eva Margrét Ævarsdóttir is knowledgeable, provides helpful insights and comments, good communicator and responsive."
"Stefan Orri Olafsson is an excellent lawyer with exemplary skills in providing practical and solution-orientated advice."