
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.
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.
Stefán Orri Ólafsson
Stefán Orri is a highly respected partner at LEX law offices, specializing in banking, financial services, mergers & acquisitions and capital markets law. With over 15 years of experience, he has built a reputation for providing sophisticated legal counsel to leading financial institutions, investment firms, and corporate clients.
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.
Eva Margrét Ævarsdóttir
Eva Margrét Ævarsdóttir is an accomplished attorney and a Partner that specializes in Corporate law, Banking and Financing, Compliance, Employment law, EU/EEA law, Sustainability and Climate law and Energy, Environmental and Natural Resources 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 stands out in the industry for its exceptional focus on Real estate and construction, making it a go-to choice for clients seeking specialized expertise in this field.”
“LEX Law Offices’ EEA and Competition practice is highly capable, combining deep expertise with a practical approach to navigating complex regulatory and competition matters. They are fair in pricing, responsive, and efficient, utilising strong technology platforms to enhance communication and streamline processes. Their focus on innovation and diversity further solidifies their reputation as a leading practice in EEA and competition law.”
“LEX Law Offices is highly capable, combining deep expertise with a practical approach to solving complex legal issues. They are responsive and efficient. Compared to other firms, they stand out for their balance of high-level legal insight and business pragmatism, making them an excellent partner for clients.”