Basically, the Elves of Rivendell want to hire some mercenaries.

The Elves of Rivendell have need of your help in Lord of the Rings Online. If you are willing to lend them aid and gain their favor, they will grant you access to items only those they hold in high regard may acquire. This week Martuk shows us some of the great items that you can obtain from the Elves of Rivendell.

The Elves of Rivendell are a gracious group of individuals. They move with an almost angelic presence within Middle-Earth, but even beings of grace and power need aid in these dark times. Earn the trust of the Elves of Rivendell and they will grant you access to some of their most finely crafted items imbued with Elven grace.

Go take a peek at Ten Ton Hammer's LoTRO site.