
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

Örn Gunnarsson
Örn Gunnarsson is the Managing Partner at LEX law offices, with a good oversight over the different practice areas at LEX. In his legal practice, Örn has mainly advised on the mergers and acquisitions (M&A), where he has over 20 years of professional experience both as a lawyer and as a corporate advisor.
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.
Arnar Þór Stefánsson
Supreme Court Attorney Arnar Þór Stefánsson joined LEX in 2004. Arnar Þór is one of the most experienced litigator at LEX and has litigated well over 300 cases before the District and Supreme courts of Iceland as well as before the EFTA-court, for companies, individuals and public entities.
Lára Herborg Ólafsdóttir
Lára Herborg– A Leading Expert in IT Law, Intellectual Property, and Data Protection
Lára is among the country´s foremost experts in information technology law, intellectual property law, and data protection. She also possesses extensive experience in procurement and construction law, competition law, and administrative law. Over the years, Lára has provided legal counsel to numerous companies, municipalities, and public institutions.
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.
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.”