LEX Law Offices

Legal Services | Iceland
tel: +35 4 590 2600 | fax:
Borgartun 26 | Reykjavik | 105 | Iceland

Main Contacts

Orn Gunnarsson

Managing Partner

Erna Bjorg Smaradottir

Record Manager


Reykjavik, Iceland


The firm: LEX is one of Iceland’s leading law firms, providing clients with a comprehensive, range of services on a wide spectrum of financial, corporate and commercial issues, as well as other aspects of the law.

It is the firm’s policy to meet the legal requirements of its clients in the context of ever-changing local and international markets.

Founded in 1959, LEX has over the past decades successfully acted on behalf of a large number of internationally respected corporations, organisations and private individuals both in Iceland and abroad.

Among LEX’s clients are major local and international banks, financial institutions, merchants and ship owners, along with a large number of municipalities, government organisations, insurance companies, manufacturers, businesses, media outlets, utilities and private individuals.

LEX is a member of World Services Group , Energy Law Group (ELG), INTA and ECTA.

Lawyers Worldwide: 39


Areas of Practice

Representative Clients


Measures Undertaken by the Icelandic Government in Response to COVID-19

This memorandum is intended to provide information on measures undertaken by the Icelandic government in response to disruption of businesses on account of the SARSCoV2 virus. The memo will be updated as the occasion arises. Status as on Tuesday 31 March 2020 On 31 March 2020, the Icelandic Parliament (Althingi) passed amendments to various laws in order to implement the government´s announced measures in response to COVID-19. The following is a brief overview of the said amendments, primarily focused don the business environment. 1) Amendments to the Act No 45/1987, on the Withholding of Public Levies at Source. Deferral of payment...

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Lex Advises JBT on Takeover of Marel

JBT Corporation, a global technology solutions provider to high-value segments of the food and beverage industry, launched a voluntary takeover offer for all issued and outstanding shares in Marel hf., following an approval by the Financial Supervisory Authority of the Central Bank of Iceland of an offer document and a prospectus related to the offer. LEX Law Offices is acting as Icelandic legal advisor to JBT in connection with the takeover offer. The LEX team is led by partners Gudmundur Ingvi Sigurdsson and Stefán Orri Ólafsson and associate

Chambers and Partners rank LEX as a leading firm

For more than 20 years Chambers and Partners have published directories on leading firms in most of the countries in the world. Their ranking for 2023 for Global  is now available. LEX is ranked as a Leading Firm in Iceland. Chambers global ranking is in the Corporate / Commercial and Dispute Resolution categories. The Corporate / Commercial team is described as following: „LEX Law Offices boasts a broad corporate and commercial offering, including public M&A and ECM mandates. The law firm also possesses high-level expertise in banking and finance. The lawyers additionally assist with the compliance and regulatory aspects of transactions...

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