ICELAND’S LEADING LAW FIRM
ABOUT LEX
LEX is a leading full service law firm in Iceland. LEX has approximately 40 lawyers serving 20 practice areas. LEX enjoys a first tier ranking by all major rating agencies. LEX is highly experienced in crossborder advisory.
DIVERSIFIED BACKGROUND
A large portion of LEX’s lawyers have international postgraduate education. Many of LEX’s lawyers also have working experience outside of law firms. Our lawyers’ diversified background gives our clients a unique service proposition.
LEX AND INTERNATIONAL CLIENTS
For decades LEX has been the law firm of choice for international parties doing business in Iceland. In recent years, international corporations such as Costco, H&M and Nespresso have chosen LEX as their exclusive advisor in Iceland. LEX has in recent years advised large US and European players in the ferrosilicon, silicon and aluminum industries.
NEAR FUTURE OPPORTUNITIES
• TOURISM
Iceland has been in the spotlight in recent years for various reasons, causing unprecedented growth in the tourism industry. As the growth has somewhat slowed down, opportunities for consolidation and investment in the tourism industry have been emerging and are expected to continue.
NEAR FUTURE OPPORTUNITIES
• INFRASTRUCTURE
After a decade of limited investment in infrastructure, a substantial investment is projected in the next decade or so, including roadwork, airport expansion, hospital development and more. A large portion of the investment, which is of considerable scale, is likely to be financed through PPP financing.
NEAR FUTURE OPPORTUNITIES
• BANKING
The three major banks in Iceland are not in the hands of long-term owners. The total equity of these three banks amounts to approximately EUR 5 billion and total assets amount to around EUR 26 billion. Dual listing procedure has commenced for one of the banks. The Icelandic banking system is now well suited for foreign debt.
Borgartun 26 105 Reykjavik Iceland
Tel +354 590 2600 lex@lex.is www.lex.is