BBA//Fjeldco‘s ‘fantastic team’ is highly active in cross-border mandates, regularly acting for prominent international and domestic clients on a range of matters involving Iceland. Managing partner Halldór Karl Halldórsson, who has more than 20 years’ experience in the practice area, co-leads the department alongside Einar Baldvin Árnason, whose practice covers commercial law, competition work and corporate restructurings, and Bjarki Diego, who is noted for his experience in M&A, capital markets mandates, and finance transactions. Also key are Ásgeir Ragnarsson, who is dual-qualified in Iceland and New York, and Baldvin Björn Haraldsson, a highly experienced M&A specialist, qualified to practice in Iceland and France.

Juris provides comprehensive corporate and commercial services to clients, utilising the firm’s full-service offering to offer support on tax and competition matters, among others. The group is active in a diverse range of sectors, including the hospitality, infrastructure, and property development spaces. Tax specialist Halldór Jónsson co-leads the department alongside Andri Árnason, who has key strength in competition law. Simon Knight, who is dual qualified in England and Iceland, is highly active in cross-border matters, with experience acting for both domestic and international clients.

Lex Law Offices takes a leading role on numerous high-profile domestic and international transactions, providing clients with a comprehensive array of services due to the firm’s full-service offering. The group has experience working across a diverse array of sectors, including the real estate, retail, and energy industries, and regularly acts for private equity clients. Leading the department are Guðmundur Ingvi Sigurðsson, whose key specialisms are corporate finance work and debt restructurings, and managing partner Örn Gunnarsson, whose practice additionally covers M&A and share capital transactions. Tax specialist Garðar Víðir Gunnarsson and Stefán Orri Ólafsson are also key names.

LOGOS fields a team which works within the firm's full-service offering to meet the full range of client needs. The group covers all aspects of commercial and corporate law, and is a popular choice for international clients. Significant cross-border mandates handled by the firm include advising Icelandic biotechnology company Kerecis on the sale of all shares to Danish entity Coloplast for $1.3bn. Benedikt Egill Árnason is a transactional specialist, with experience acting for corporate clients and private equity houses. Árnason co-leads the department alongside Freyr Snæbjörnsson, who is noted for his strength in capital markets, and made partner in January 2023. Also key are Thórólfur Jónsson, who has core strength in M&A and securities regulations, and Guðbjörg Helga Hjartardóttir, who covers financial restructurings, M&A transactions, and corporate finance work.

ADVEL Attorneys at Law advises numerous listed companies and funds on a broad range of corporate matters both within Iceland and overseas, with notable strength advising on matters involving the UK market. Stefan Þór Ingimarsson, who leads the team, is a highly experienced practitioner with a practice which covers company law, corporate governance work, and M&A, with an emphasis on insurance law. Ragnar Guðmundsson and Bjarni Þór Bjarnason share key strength in tax law, M&A and corporate financings. Andri Fannar Bergþórsson joined the department in 2022 as a counsel, after previously working as a member of the Financial Supervision Committee at the Central Bank of Iceland.

Deloitte Legal ehf. works within the global network of the firm, and advises clients on a broad range of corporate transactions, including M&A, investments, and IPOs; the group benefits from the firm's expertise in tax issues. Þórdís Bjarnadóttir has experience working across a number of sectors, including the fisheries, real estate, and retail industries, and regularly advises clients on M&A and financing projects. Bjarnadóttir co-leads the department alongside Hallmundur Albertsson, who has a significant background in EEA and competition law.

Mandates regularly covered by KPMG Law ehf include M&A, investments and divestments, and financing rounds. The group has a strong domestic client base, supplemented by notable overseas connections. Jointly leading the team are Jónas Rafn Tómasson, Höskuldur Eiríksson and Ásgeir Skorri Thoroddsen.

Boutique firm Lagahvoll's team is highly experienced working within the Icelandic finance industry, with noted expertise in corporate development matters, such as investments and venture agreements. Founding partner and private equity specialist Daði Bjarnason co-leads the department alongside senior partner Jóhann Sigurðsson, whose practice covers joint ventures, disposals, and M&A, among other matters.

Landslog – Law Offices acts for a client base of both public and private groups, and supplements its corporate and commercial offering with coverage of real estate, competition, and IP matters. Team lead Viðar Lúðvíksson, who has over 25 years’ experience in the practice area, is an M&A specialist with a track record in acting for prestige international and domestic clients. Lúðvíksson is supported by Supreme Court Advocate Grímur Sigurðsson, competition law specialist Jóna Björk Helgadóttir, and Jón Gunnar Ásbjörnsson.

Réttur – Adalsteinsson & Partners' strength in corporate mandates is supplemented by the firm's dispute resolution expertise, with multiple team members leveraging significant experience in contentious matters. Supreme Court Attorney Sigurður Örn Hilmarsson leads the department, and is noted for his record in commercial litigation and insolvency proceedings. Senior associate Stefán Örn Stefánsson covers M&A, tax issues, and corporate and commercial law.