The commercial, corporate, and M&A team at Lex Law Offices advises on a variety of matters, including public takeovers, mergers, and disputes. The team is led by Guðmundur Ingvi Sigurðsson, who is licensed to practice before the Supreme Court and has expertise in corporate and financial issues, and by Örn Gunnarsson, who brings further M&A experience. Additionally, Garðar Víðir Gunnarsson brings specialised knowledge of tax and arbitration, Stefán Orri Ólafsson advises on capital markets-related issues, and Árni Freyr Sigurðsson is skilled in handling complex transactions.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘The strengths and key capabilities that matter to me are the broad knowledge of Lex: no matter what came up, there was always internal knowledge and professional advice.’
- ‘They provided flexibility and reliability through the whole process of my case. Also, I was shown great respect and understanding of me being new in the process Lex was handling. Key contact at Lex was Árni Freyr Sigurðsson - all his service and assistance was excellent and exceeded my expectations.’
- ‘Lex stands out as one of Iceland’s leading full-service law firms, with a long history and a reputation for excellence across multiple practice areas. What makes the firm unique is its ability to combine deep local knowledge of Icelandic law and business culture with a strong international outlook, serving both domestic and global clients. The firm has a particularly strong reputation in complex cross-border transactions, litigation, and regulatory work, as well as in emerging fields such as information technology, data protection, and corporate governance.’
- ‘What sets the lawyers at Lex apart is their blend of technical excellence, commercial awareness, and personal dedication to client service. Each individual combines deep subject-matter knowledge with a practical, solution-oriented mindset, ensuring that advice is not only legally sound but also commercially viable.'
- 'The partners at Lex are recognized as leaders in their fields. They stand out for their ability to manage complex, high-stakes matters with confidence while remaining approachable and responsive. Stefán Orri Ólafsson is widely regarded for expertise in M&A and corporate governance, with an ability to simplify issues for decision-makers. The associates at Lex distinguish themselves through their attention to detail, responsiveness, and collaborative approach. They are often praised for their ability to combine strong analytical skills with creative problem-solving.
- ‘Great Team. Mr. Stefán Orri Ólafsson is a great lawyer.’
Key clients
- JBT Marel Corporation
- LIVE Pension Fund, Birta Pension Fund, Stapi Pension Fund, LSR Pension Fund (Government Employee Pension Fund), and Gildi Pension Fund
- Hamar ehf. and Stefnir hf.
- Landsbankinn hf.
- Reykjavik Energy
- Heimar hf.
- Kapp Skagin ehf.
- VEX II slhf.
- Sjávarsýn ehf.
- Samherji hf.
- Treble Technologies ehf.
- Cargow Thorship / Tor Cargo
Work highlights
Represented JBT in its €3.5bn public voluntary takeover offer for all shares in Marel hf.
Acted as legal advisor to Landsbankinn hf. on its ISK 28.6bn acquisition of TM tryggingar hf. from Kvika banki hf.
Acted as legal counsel to Samherji hf. and Samherji fiskeldi ehf. on the €320mn financing of the first and second phases of the construction of Salmon Garden.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Guðmundur Ingvi Sigurðsson; Örn Gunnarsson
Other key lawyers
Garðar Víðir Gunnarsson; Stefán Orri Ólafsson; Árni Freyr Sigurðsson