At Lex Law Offices, the EEA and competition team regularly provides support to its clients on a range of work, including EU taxonomy advice and merger control matters. The co-leaders of the team are Eyvindur Sólnes, who is qualified to practice before the Supreme Court, and Lára Herborg Ólafsdóttir, who has strong skills in IT and tech law. Guðrún Lilja Sigurðardóttir is another key member of the team, with skills in corporate, tax, and contract law, in addition to her competition focus. Providing additional support, Fjölnir Ólafsson also advises on competition transactions and litigation. Stefán A. Svensson joined the firm in February 2026.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘The Lex team is highly professional, hard-working, and demonstrates excellent work ethics. They proactively notify us about upcoming changes in the EEA and competition field. They ensure smooth communication and strong connections with the Competition Authorities on our behalf.’
- ‘Guðrún Lilja Sigurðardóttir stands out for her deep knowledge in competition law and her ability to translate complex legal issues into clear and practical advice. She is highly responsive, thorough, and always ensures that her guidance is both strategically sound and commercially minded. Her professionalism and sharp analytical skills make her an invaluable advisor. Fjölnir Ólafsson is exceptionally diligent and detail-oriented, with a pragmatic approach that adds real value to our decision-making. He is approachable and ensures that no issue is left unresolved.’
- ‘They guided us towards a very practical and solution-driven approach to a relatively complex material and proved to be very valuable for us. They made an effort to get to know us and our way of thinking very well, which is crucial for a successful implementation.’
Key clients
- Heimar hf.
- Eik Fasteignafélag hf.
- Sjóvá hf.
- Festi hf.
- Landsbankinn hf.
- Kapp Skaginn ehf.
- Sjávarsýn ehf.
Work highlights
Acted as legal advisor to Landsbankinn hf. on its ISK 28,600,000,000 acquisition of TM tryggingar hf. from Kvika banki hf.
Provided Eik Fasteignafélag hf. with advice on the implementation of the taxonomy regulation and the company’s obligations under the Icelandic legislation as implemented by the taxonomy regulation.
Represented Sjávasýn ehf. in relation to its EUR 10,500,000 acquisition of Köfunarþjónustan ehf. including negotiations with the Icelandic Competition Authority.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Eyvindur Sólnes; Lára Herborg Ólafsdóttir
Other key lawyers
Guðrún Lilja Sigurðardóttir; Fjölnir Ólafsson; Stefán A. Svensson