Next Generation Partners

Rising Stars

Regulatory, compliance and investigations in Norway


BAHR has a ‘sophisticated’ compliance and risk management team, which is a ‘go-to for complex matters‘ and also benefits from the notable experience and expertise in the firm’s banking and asset management regulatory and compliance teams when handling a variety of anti-corruption and international trade compliance matters. The group advises a number of financial service organisations, asset managers and investment funds in the Nordic region, as well as companies in the energy and offshore services sectors. The ‘incredibly responsive and knowledgeable’ Morten Smørdal focuses on providing a wide range of advice to clients within the energy and industry sectors, and senior associate Annina Luterbacher is particularly experienced in compliance and risk management matters which leverage her environment and energy knowledge. Jon Christian Thaulow, who leads the firm’s environment and energy department, and Peter Hammerich, who is head of the firm’s asset management and private equity industry group, also contribute to the practice.

Practice head(s):

Morten Smørdal; Annina Luterbacher

Other key lawyers:

Jon Christian Thaulow; Peter Hammerich


‘BAHR has the most sophisticated compliance practice in Norway. They are our go-to firm for complex matters that touch Norway.’

‘Morten Smørdal is a compliance expert and also very commercial. He is able to bring practical solutions to novel and complex compliance issues.’

‘BAHR has an integrated compliance practice that is able to service clients on a wide range of issues. BAHR was able to bring together a knowledgeable team of experts that helped assist with the precise issues we were focused on.’

‘BAHR’s team was excellent across the board. We worked most directly with partner Morten Smørdal and managing associate Annina Luterbacher. Each of them was incredibly responsive and knowledgeable, and we were extremely pleased with their work.’

‘Annina Luterbacher stands out for her diligence, responsiveness, and legal expertise.’

‘The most important element for us is the capability to understand complex business matters and quickly relate them to relevant regulatory legislation and act accordingly. Their international perspective has proven extremely valuable in new regulatory matters.’

Work highlights

  • Advising a variety of prominent Norwegian and international clients on establishing compliance and ESG programmes, including conducting industry and business-specific risk assessments, drafting policies, procedures and internal control routines and assisting with the development of compliance e-learning.
  • Providing advice to various Norwegian and international clients in relation to compliance in the context of major M&A transactions.
  • Regularly advising prominent clients on the potential impact of trade sanctions and export control regimes, such as sector-related asset freeze sanctions.

Wikborg Rein

Wikborg Rein fields an ‘exceptional team’, which adopts a cross-practice approach, assisting with sanctions matters relating to corporate and M&A transactions as well as working alongside the banking and finance team on money laundering assessments. The practice has recently noted a growth in matters regarding data protection compliance issues and is also active in contentious mandates. Notable clients include the Norwegian Ministry of Foreign Affairs, Telenor and Huawei Technologies. Elisabeth Roscher heads up the firm’s compliance and crisis management team and acts as lead counsel on numerous significant cases including global internal investigations. Geir Sviggum is also active in the department and leverages his international experience on global mandates. Tine Elisabeth Vigmostad was promoted to the partnership in early 2023.

Practice head(s):

Elisabeth Roscher; Geir Sviggum

Other key lawyers:

Charlie Pope; Tine Elisabeth Vigmostad


‘Exceptional team, not least within sanctions compliance support.’

‘Geir Sviggum is an exceptional lawyer with international experience not least from China, able to manage multi-jurisdictional high stakes matters for clients.’

‘Tine Vigmostad is probably one of the best sanctions lawyers in Norway.’

‘The team has many subject matter experts that in total gives access to a full suite, one-stop shop.’

‘Tine Vigmostad has in depth knowledge and practical in-house experience that makes her advice tailored and practical for our operational needs. This makes a huge difference from many other law firms that have a more theoretical approach.’

‘A very qualified team of lawyers with wide background of experience.’

‘Friendly and organised.’

Key clients

Samherji hf

The Norwegian Ministry of Foreign Affairs

Huawei Technologies AS

Telenor ASA

Solstad Offshore ASA

Norfund (the Norwegian Investment Fund for Developing Countries)

Edison S.p.A.

Norsk Hydro ASA

Aker Solutions ASA

Work highlights

  • Assisted the Icelandic company Samherji hf with a broad and extensive international investigation in a number of countries (the so-called ‘Fishrot case’), which includes allegations of bribery/corruption and other wrongdoings.
  • Assisting the Norwegian Ministry of Foreign Affairs as the preferred external counsel, domestically and internationally, with a series of compliance cases over several years.
  • Assisted Telenor, Norway’s third largest company, with a process to identify learnings from the group’s presence in and exit from Myanmar.


Selmer, which is praised for its ‘excellent business understanding’, has a primary focus on corporate compliance work, including anti-corruption and anti-money laundering issues, economic sanctions, trade restrictions and antitrust matters, working closely with the firm’s corporate and M&A team. The team has particular expertise in the field of economic sanctions and trade restrictions, highlighting its cross-border experience, and also has notable experience in mandates spanning the renewable energy, real estate, financial and capital markets arenas. Liv Monica Stubholt has considerable compliance experience, with particular expertise in integrity issues, corporate governance work and board best practice. Ole Christian Borge is a key name for anti-money laundering and compliance work, regularly advising banks and investment companies.

Practice head(s):

Liv Monica Stubholt

Other key lawyers:

Ole Christian Borge


‘They are able to see how deep the investigations need to be.’

‘Cost and time effective. They have good international partners to cooperate with.’

‘They have an excellent business understanding and are able to tailor their work to our needs.’

Key clients


Norvestor Equity


NRC Group

Comrod Communications





Institute of Energy Technology


Wiersholm’s ‘team-oriented’ and ‘service-minded’ practice handles all aspects of compliance work, ranging from the preparation and implementation of compliance programs to performing due diligence on acquisition targets. The practice’s specialisms encompass ESG issues, anti-corruption work and whistleblowing regulations, and the practice has also seen an increase in work relating to sustainability and human rights mandates. Jan Fougner excels in corporate penalty and crisis management work, and Georg Abusdal Engebretsen's practice entails compliance issues and private investigations across a number of practice areas. Helene Bogen is the key name at senior associate level.

Practice head(s):

Jan Fougner; Georg Abusdal Engebretsen

Other key lawyers:

Helene Bogen; Anne Katrine Ramstad; Erlend A. Methi


‘Client focused and strong commitment for solving their tasks. Strong environmental knowledge and practical solutions.’

‘Experience, service level and confident, no-nonsense advice.’

‘Full attention from the whole team in order to find different solutions. Impressive knowledge about the topic.’

‘Anne Katrine Ramstad has been available 24/7. She has shown great interest to help us out in order to keep our business going as usual. What makes the team different from other competitors is definitely their interest to find out how things can be done.’

‘The work Wiersholm has been doing for us has been very complex. The work has also been of very high importance and has attracted a lot of attention and engagement. Wiersholm has handled all of this with extreme levels of competence, loyalty and professionalism.’

‘Wiersholm is very team-oriented, and I think what makes them unique compared to other law firms is how they include us, the client, as a genuine part of their team.’

‘They are incredibly professional in their work with clients, always delivering high-quality material with great efficiency and enthusiasm. The whole Wiersholm team displays expertise, experience and a genuine interest in their clients.’

‘Service-minded, solution-oriented and strong follow up are areas we appreciate with Wiersholm. They always find time to support us, even in hectic periods.’

Key clients


Equinor ASA

Hurtigruten AS

Schibsted ASA

Skagerak Kraft


The Norwegian Ministry of Foreign Affairs

Celsa Armeringsstål AS

Huhtamaki Oyj

Norsk Industri

Work highlights

  • Conducted a major investigation concerning alleged compliance and governance breaches across various jurisdictions in the world in SOS Children’s Villages.
  • Advised The Coronavirus Commission (an independent commission established by the Norwegian Government) on the Norwegian Covid-19 measures regarding quarantine hotel and entry restrictions, including in relation to potential legal issues arising from the European Convention on Human Rights as well as relevant EU legislation.
  • Provided extensive legal and strategic advice to Huhtamaki in relation to one of Norway’s largest potential clean-up projects in a polluted river in Norway.

KPMG Law Advokatfirma AS, Norway

KPMG Law Advokatfirma AS, Norway’s team advises clients in relation to a range of issues, including anti-corruption work, anti-money laundering matters, whistleblowing mandates, sanctions, and human rights work, among others. The group also assists with compliance risk assessments, policy developments and sanctions assessments. Tor Henning Rustan Knudsen handles a number of compliance issues, notably the implementation of compliance programs, corporate investigations of red flag incidents, and M&A compliance work. Erik Arvnes and Jan Erik Gran Olsen also lead the team.

Practice head(s):

Tor Henning Rustan Knudsen; Erik Arvnes; Jan Erik Gran Olsen

Other key lawyers:

Erik Davidsen


‘KPMG did a very good job for us in a very demanding period.’

‘Thorough, sympathetic, followed up well and was always available.’

‘Fast response to an urgent matter. Practical approach. Easy to communicate with.’

Key clients

Bane NOR


Aker ASA

Aker Energy AS


Ruter AS

Oslo kommune

Work highlights

  • Advised and investigated OBOS BBL due to a question of possible corruption or conflict of interest related to a real estate sale where OBOS sold houses to a rental investor.
  • Provided Statkraft, under a frame agreement, compliance analysis globally related to new compliance regulations as well as assistance in compliance related investigations.
  • Providing a whistleblowing service to Bane NOR.