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Firms in the Spotlight Legal market overview

BBA//Fjeldco

BBA//Fjeldco logo

BBA//Fjeldco is a highly professional corporate law firm based in Reykjavík, Iceland with operations in both the United Kingdom and France. Our team consists of over 30 lawyers, with qualifications in Iceland, England, France and New York, making us the largest law firm in Iceland specializing in the field of corporate law. Due to our …

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MAGNA logmenn – Reykjavik Legal.

MAGNA logmenn – Reykjavik Legal. logo

MAGNA / Reykjavik Legal is a well-established full-service law firm based in Reykjavik, Iceland. Founded in 1960, the firm is a pillar in the Icelandic legal market, counting among its alumni current and former Supreme Court Justices and Judges as well as Deans and Professors at Iceland‘s top Law Schools.

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LOGOS

LOGOS logo

LOGOS is the largest law firm in Iceland. It advises numerous domestic and foreign companies on all aspects of corporate law, from the establishment of a company to its dissolution.

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Legal market overview in Iceland

While Iceland’s heavily relied upon tourism sector continues to weather the impacts of Covid-19, the country remains relatively unscathed by the global pandemic. According to the OECD Economic Survey of Iceland, economic recovery is underway, with a predicted growth of growth of 2.8% in 2021 and 4.7% in 2022. Other key industries for the country include the fishery and aluminium production sectors, as well as geothermal power and hydropower, and pharmaceuticals products. Elsewhere, Iceland continues to witness a steady growth in foreign direct investment, which has become a significant contributory factor to its recovery following the financial crisis in 2008.Firms have witnessed a boom in infrastructure projects and increased activity in the field of technology, with the number of start-ups and innovative companies continuing to grow. Furthermore, many anticipate restructuring matters and post-pandemic recovery work are still to be expected, while employments lawyers are preoccupied with reorganisations, in addition to unfair treatment and dismissal cases.Following its merger, BBA//Fjeldco stands out in the field of banking, finance and capital markets, commercial, corporate and M&A, and restructuring and insolvency, while Lex Law Offices and long-established law firm LOGOS provide comprehensive services to domestic and international clients. Elsewhere, Juris is noted for its capability in dispute resolution, ADVEL Attorneys at Law is a key name for matters stemming from the 2008 financial crisis, and Landslog – Law Offices provides a boutique service across numerous practice areas.