Lex Law Offices

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.

Main areas of practice:
Banking, finance and capital markets: LEX has one of the most experienced banking and finance teams in Iceland and has established itself as a leading advisor to financial market participants.

Competition law: LEX has a robust team of experts in the field of competition law able to advise local and international firms alike in all aspects of the field. LEX has been engaged in many high profile cases that have been brought before the competition authorities and the Icelandic courts for various clients, including cases on alleged anti-competitive collusion and alleged abuse of dominance.

Constitution and human rights: LEX has extensive experience and expertise in all aspects of human rights law, in particular with the protections afforded by the human rights provisions of the Icelandic Constitution and the European Convention on Human Rights, which has legal force in Iceland.

Construction, public procurement and tendering law: For many years, LEX has enjoyed close and cooperative relationship with numerous major Icelandic engineering firms, contractors and public entities in preparation of their major projects.

Corporate and commercial law:  LEX has one of the most experienced corporate and commercial lawyers in the country as many landmark ruling by the Icelandic courts establish. Furthermore, in complex transactions, the banking and finance teams has established itself as a leading advisor to financial market participants.

Corporate finance and project finance: A number of experts work at LEX who have participated in many of the largest and most complex financing deals in Iceland in recent years.

Data protection and information technology: For years LEX has provided businesses, institutions and individuals with extensive services in the field of IT law. The attorneys at LEX have a long standing experience in advising software developers, telecommunication companies and other entities that provide access to software solutions and that provide other services in the field of information technology. LEX has also been a leading law firm in implementing the General Data Protection Regulation (GDPR) in Iceland and has provided services to many of the largest companies in the country as well as to municipalities and official institutions. Furthermore, in terms of data security, LEX has been on the forefront, i.e advising many of the governmental institutions in that respect.

Employment and labour law: LEX have experienced professionals in the field of labor law and public employment law and can provide comprehensive advice on these sensitive areas of justice in a short period of time, as it is necessary to respond promptly to these issues.

Energy, natural resources and environmental law: LEX‘s team of experts in the field of energy, natural resources and environmental law is one of the most experienced in Iceland. In recent years, this practice area has become more important with growing demands for fundamental principles such as sustainability with respect to the land and its resources.

Environment, Social, Governance (ESG): ESG is in general referred to as the key factors used to evaluate companies’ performance and impact on ESG-related activities. Our experts in the field are experienced and knowledgeable in providing sustainability advice and can assist clients prepare for new requirements and seek new opportunities.

European law: The importance of European law strengthens every year and today it affects most areas of Icelandic laws. The lawyers at LEX  have international education and experience that ensures a service of international standards.

Insolvency, bankruptcy and financial restructuring: LEX has a robust team of experts in the field of insolvency, bankruptcy and financial restructuring. LEX closely monitors any developments in this field to ensure that its clients are provided with accurate and comprehensive legal advice.

Insurance and tort: LEX‘s attorneys in the field of tort and insurance law possess decades of experience in counselling in these areas. This includes both counselling to the claimants and those who claims are directed at.

Intellectual property and trademarks: The attorneys at LEX have extensive knowledge of all aspects of IP law; copyrights, trademarks, designs and patents and they are experts in the legislation on unfair business terms. They provide services in negotiation, registrations (domestic and international) and proceed cases before the courts and authorities.

Litigation, arbitration and dispute resolution: LEX has always been at the forefront in the field of litigation in Iceland and has great ambition to provide outstanding services before the Icelandic courts as well as international courts.

Mergers and acquisitions: LEX has for a long time been a leading law firm in Iceland in respect of mergers and acquisitions. One of the characteristics that identifies LEX is that in addition to its experienced transaction lawyers the firm can draw on experience from lawyers with extensive experience in the investment banking sector and other areas of law as may be necessary from time to time.

Property law: LEX employs many of the country's leading experts in the field of property rights. LEX’s experts have extensive experience in consulting individuals, companies and public entities on issues related to property rights, as well as having litigated numerous court cases in the field.

Public administration, public parties and urban planning: LEX regularly advises private and public entities as well as individuals on public and administrative law. Projects in this area are rapidly increasing in complexity as the regulatory framework of public law is becoming more extensive and elaborate.

Real estate: The attorneys at LEX have vast experience in representing both sellers and buyers in disputes concerning real estate, under Act No. 40/2002 on Purchase of Real Estate, including disputes regarding non-performance such as defects and payment delays.

Shipping, transportation and maritime law: LEX provides its clients with dedicated experts in the field of shipping, transportation and maritime law. With decades of experience, LEX has provided services to domestic and international shipping- and fisheries companies, individuals, insurance companies and P&I clubs.

TAX: For years, LEX has provided comprehensive advice in the field of tax law to its clients. Taxes affect all operations and individuals. Tax matters can therefore be of various types and sizes. LEX provides tax advice and services on every aspect of tax law to small and large companies, as well as individuals.

Telecommunication law: LEX provides a holistic service in the field of telecommunication, media and technology. For many years we have consulted companies working in these fields both regarding commercial and technical issues.