Mr Arnar Thor Stefansson > Lex Law Offices > Reykjavik, Iceland > Lawyer Profile

Lex Law Offices

Work Department


Attorney – Partner


LEX from 2004 except for the years 2006 – 2007 when he served as an Assistant at the Supreme Court of Iceland.


English, Danish.


The Icelandic Bar Association.


University of Iceland, Cand. juris 2004; Exchange student at the Copenhagen University Faculty of Law in 2003.

Lawyer Rankings

Iceland > Restructuring and insolvency

(Leading individuals)

Arnar Þór StefánssonLex Law Offices

At Lex Law Offices, the restructuring and insolvency team is led by Þórhallur Bergmann and Guðmundur Ingvi Sigurðsson, and handles bankruptcy proceedings as both court-appointed liquidators and legal advisers; it also advises on the cessation of payments and agreements with creditors. In particular, the group recently assisted with the dissolution of Jötunn Vélar, a commercial distributor of agricultural machines. Newly-appointed partner Birgir Már Björnsson and Arnar Þór Stefánsson are also key contacts.

Iceland > Real estate and construction

(Leading individuals)

Arnar Þór StefánssonLex Law Offices

Óskar Sigurðsson and Arnar Þór Stefánsson head up the real estate and construction team at Lex Law Offices, and specialises in property law and building legislation mandates respectively. The group handles work for municipalities as well as the Icelandic State, including assisting with projects relating to hospitals, energy and natural resources companies and advising on matters pertaining to the constitutional right to peaceful enjoyment. In a recent highlight, the practice represented NLSH in a dispute regarding the construction of a patient’s hotel and several connected projects. Guðjón Ármannsson is a key contact for issues concerning administrative law.

Iceland > Employment

The employment department at Lex Law Offices is led by seasoned litigator Arnar Þór Stefánsson. Recent work encompasses advising on compensation schemes, harassment issues, employment contracts and collective bargaining agreements. The team also regularly assists foreign entities establishing a presence in Iceland with employment matters and represents employers and employees in complex disputes; the group recently acted for Landsbankinn in claims relating to two allegations of unlawful dismissal.

Iceland > Dispute resolution

(Leading individuals)

Arnar Þór StefánssonLex Law Offices

Fielding a number of Supreme Court attorneys, the ‘service-oriented‘ dispute resolution practice at Lex Law Offices is jointly led by Kristín Edwald and Arnar Þór Stefánsson. The team is adept at handling claims relating to banking, construction, tort and insolvency claims, and represents government clients including the Ministry of Education, Science and Culture; it also counts Costco, Renault and Landsbankinn on its high-profile client roster. Samherji is also a key client, which the team recently represented in an investigation into its subsidiaries in Namibia and its activities in the country. Birgir Már Björnsson was promoted to the partnership in early 2020, while Garðar Víðir Gunnarsson is another key contact for contentious tax matters.