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Deloitte ehf.

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The firm: Deloitte member firms have a long standing reputation for helping clients to address complex, cross-border issues. Skilled and experienced Deloitte Legal* lawyers work together with other Deloitte professionals in tax, consulting and financial advisory to guide their clients through projects in a co-ordinated way around the world. Deloitte Legal, present in over 80 countries, is able to provide holistic guidance around strategic business decisions as well as offer support services that can increase efficiency and reduce the cost of some routine legal activities.

Deloitte ehf. Iceland is part of the Deloitte Legal network. The practice became a member of the network in 1994 and is originally based on the operation of four firmly established auditing firms, the oldest being founded in 1952. Since its foundation, the firm’s emphasis has been on providing clients with expert advice in the fields of tax and corporate law, and in recent years it has gradually built eminence in other legal services.

Originally the practice was led by Arni Hardason, who is currently general counsel of leading Icelandic pharmaceutical company, Alvogen. In 2005, the practice was led by David Gudmundsson, a partner at the Icelandic law firm OPUS Legal Services, and Pall Johannesson, former deputy head of tax at Kaupthing Bank. In 2007, the practice merged with the law firm Taxis Attorneys which added to the team the knowledge and expertise of Vala Valtysdottir, a former head of the VAT office at the Icelandic Directorate of Internal Revenue with over 25 years of experience in corporate and tax law, and senior partner Gardar Valdimarsson, Supreme Court attorney and former director of internal revenue in Iceland. From 2017 the practice has been led by Bjarni Thor Bjarnason.

The interplay between the firm’s services offerings and of other Deloitte advisors enables it to provide clients with comprehensive solutions, setting the practice apart from other firms in Iceland. Its membership in the Deloitte Legal Network also provides the practice with access to extensive resources and has increased the knowledge and capability of its employees. Its membership also places obligations on the firm to fulfill numerous quality requirements and adhere to disciplined procedures, for the benefit of its clients.

Areas of practice: Commercial law solutions: companies are facing an increasing number of business challenges globally including more rigorous regulations and enforcement by local authorities in the countries where they operate. As experienced advisers with a practical focus Deloitte Legal* can help clients meet these challenges and develop commercial solutions. The firm offers a broad base of commercial business law services in multiple jurisdictions. Its experience and global reach allow it to provide businesses facing complex legal regulations and challenges with personalised, tailor-made services.

Corporate and mergers and acquisitions services: Deloitte Legal* provides a full range of corporate law services from complex advisory services related to major business life events (including advising in restructuring and mergers and acquisitions processes) through to general secretarial services.

Employment and pension solutions: turbulent economic times require companies to be agile and flexible in their staffing to remain competitive. Complex polices, frequent legislative changes and global operations make managing employee relations and compliance with employment law challenging for businesses. Deloitte Legal* provides businesses with the advice they need to make informed decisions and comply with a multitude of regulatory and procedural requirements.

Legal management consulting (LMC): this is a new approach and a new discipline, developed for lawyers by lawyers in co-operation with other relevant experts. With this collection of models, frameworks, and systems, Deloitte Legal* helps in-house lawyers run their departments more efficiently and meet the needs of their business more comprehensively.

Banking, finance and capital markets: Deloitte Legal’s partners and managers are renowned for their expertise in the area of banking and international finance law, as well as regulatory regime. They have acted for lenders or borrowers on a number of complicated financing transactions. Their experience is mainly in project finance, asset finance, structured finance, restructuring work, etc.

Real estate: Deloitte Legal has developed a practice which is able to respond to all kinds of legal matters in the real estate area. Deloitte’s experts focus on investment perspectives regarding acquisition development and construction. Deloitte’s lawyers provide advice and assistance in transactions with regards to real estate property, financing of projects and establishing mortgages.

Consumer protections: Deloitte Legal is able to propose up-to-date solutions complying with dynamic consumer protection legislation. Deloitte’s lawyers have valuable experience in applying all requirements and mandatory procedures under the Bulgarian Consumer Protection Act, including requirements for labelling, marking, presentation of products, mandatory packaging requirements, etc.

*Deloitte Legal means the legal practices of Deloitte Touche Tohmatsu Limited member firm affiliates that provide legal services. For legal and regulatory reasons, not all member firms provide legal services.

  • Other offices

  • Akureyri

  • Number of lawyers: 2,000+
  • at this office: 13
  • Languages
  • English
  • Icelandic
  • Member
  • Deloitte Legal worldwide network

Above material supplied by Deloitte ehf..

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