International report: LOGOS.

(From The Lawyer)

Icelandic firm Logos has set its sights firmly on the London market. As first reported by The Lawyer (13 March), the firm has followed Icelandic companies to the UK in the hope of benefiting from this increased investment.

Gudmundur Oddsson, the partner heading the London operation, tells The Lawyer: "Icelandic investment in the UK has been growing rapidly over the past few years, so it was a natural step to open a London office."

Since its inception earlier this year, the London office has been run single-handedly by Oddsson, but such is the volume of work, that the firm has already sent a second lawyer over to support him. And Logos's UK ambitions do not end there. Managing partner Gunnar Sturluson says he is also considering the "possibility of hiring London-qualified lawyers".

In London the focus is mainly on investments and acquisitions, but back home Logos has a much wider brief. As Iceland's largest law firm, Logos offers a full portfolio of legal services. Its practice areas include banking and finance, corporate, real estate, maritime, litigation and technology, media and telecoms.

However, corporate is becoming an increasingly important part of the firm's work as Icelandic companies become more acquisitive.