
LEX
LEX is one of Iceland´s leading law firms
LEX is one of Iceland´s leading law firms, comprised of around 40 lawyers, providing clients with comprehensive services over a wide range of financial, corporate and commercial issues, as well as most other aspects of Icelandic law.

Industries
LEX places emphasis on ensuring that clients receive services from specialized staff according to the needs of each specific project.
LEX possess exceptional expertise in the main fields of Icelandic law
- Banking, Finance and Capital Markets
- Competition Law
- Construction, Public Procurement and Tendering Law
- Corporate and Commercial Law
- Corporate Finance and Project Finance
- Employment and Labour Law
- Environmental, Sustainability and Governance
- Mergers and Acquisitions
- Shipping, Transportation and Maritime Law
- Tax and Customs
- Banking, Finance and Capital Markets
- Competition Law
- Construction, Public Procurement and Tendering Law
- Corporate and Commercial Law
- Corporate Finance and Project Finance
- Employment and Labour Law
- Environmental, Sustainability and Governance
- Mergers and Acquisitions
- Shipping, Transportation and Maritime Law
- Tax and Customs
Our People

Fanney Frímannsdóttir
Fanney Frímannsdóttir, joined LEX‘s corporate and finance team in 2011 and became a partner in 2020. She specialises in commercial law, corporate finance and M&A.
Þórhallur Bergmann
Þórhallur Bergmann is a lawyer licensed to practice before the District Court. He joined LEX in 2006 and has worked continuously with the firm since then. At LEX, Þórhallur has primarily focused on insolvency law and he oversees the firm’s practice in this field.
Þórhallur’s work has mainly involved acting as a trustee in bankruptcy estates and handling financial restructuring, as well as representing creditors, bankruptcy estates, and parties affected by clawback claims. Additionally, he provides legal counsel in this field, including to financial institutions, foreign legal entities, and bankruptcy trustees. He also has specialized expertise in real estate law and contractor law.
Guðrún Lilja Sigurðardóttir
Attorney, Guðrún Lilja Sigurðardóttir, was admitted to practice before the Appeals Court in 2024. Her main field of activity is competition law and tax- and corporate law, in addition to maritime law, contract law, litigation and bankruptcy law.
Guðjón Ármannsson
Guðjón Ármannsson is an attorney at law, licensed to practice before the District Courts, the Court of Appeals and the Supreme Court. Mr. Ármannsson joined LEX in 2007, but previously worked for the Wasteland Commission.
Mr. Ármannsson specializes in litigation and has expertise in the field of property law, natural resources law, law of tort, administrative law and urban planning and construction legislation.
Lilja Jónasdóttir
Among the country’s chief specialists in maritime and shipping law, Lilja provides legal advice in that area to domestic and foreign companies. Moreover, Lilja provides consulting for various government agencies and companies on administrative law and property law.
International rating agencies have for years ranked LEX as one of the leading law firms in the country.
„LEX Law Offices boasts a broad corporate and commercial offering, including public M&A mandates. The law firm also possesses high-level expertise in banking and finance. Its lawyers additionally assist with the compliance and regulatory aspects of transactions.“
„LEX Law Offices boasts a broad corporate and commercial offering, including public M&A mandates. The law firm also possesses high-level expertise in banking and finance. Its lawyers additionally assist with the compliance and regulatory aspects of transactions.“