Karanovic & Partners o.a.d. advises on a broad range of dispute resolution matters in Serbia, covering complex commercial litigation, international arbitration and restructuring-related disputes. The team is frequently instructed on high-value construction, infrastructure, banking and aviation disputes, alongside M&A, insolvency and enforcement matters. The practice is led by Milan Lazić. In January 2026, Milica Savić departed the firm.
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Testimonials
Collated independently by Legal 500 research team.
- I work with Andrej Jelenković and Sanja Petrovic. I have cooperated with Andrej Jelenković for a long time, and I am very satisfied with our cooperation, his practical and efficient approach to legal problems, his experience, good communication and negotiation skills, and responsiveness. As for Sanja Petrović, I can confirm her dedication to work, analytical and systematic approach, and very professional cooperation.
- The main strength of the team is the professional approach, responsiveness, good communication and negotiation skills, a very practical and efficient approach to problems, and finding good solutions in each case.
- ‘We value our long-standing cooperation with Karanovic & Partners, who provide us with expert legal representation in litigation and strategic support in banking law. Their deep understanding of the financial sector and proactive approach make them a trusted advisor in navigating complex legal challenges.’
- ‘We work with an exceptional team at Karanovic & Partners, whose collective expertise, dedication, and professionalism fully meet our expectations. Their collaborative approach and deep understanding of our industry make them a reliable and valued legal partner.’
- ‘Karanovic & Partners offers seamless coverage across the Western Balkans, with a team that is both technically strong and highly commercial. They stand out for coordinating complex, multi-jurisdictional projects with efficiency and consistency. Compared to other firms, their regional reach, responsiveness, and practical advice make them unique.’
- ‘Milica Savić stands out for her sharp strategic thinking and ability to navigate highly complex disputes with clarity and confidence. Unlike many competitors, she combines technical mastery with a pragmatic, solution-oriented approach that clients can act on immediately. I especially valued her responsiveness, calm under pressure, and talent for anticipating the other side’s moves, which made her advice both reliable and decisive.’
Key clients
- Avia Prime Holding
- OTP Bank Group
- Pizzarotti| Group
- Farmalogist
- Johnson Electric
- FCL |Ambiente
- NIBE Group
- Helleniq| Energy
- Aqualia| Intech
- Dijkstra Logistics FZE
- Reuters
Work highlights
Representing Avia Prime Holding and their Serbian subsidiary Jat Tehnika, a regional maintenance, repair and overhaul company in various types of aviation disputes.
Advising OTP in Serbia and CKB in Montenegro on daily advice and representing them in various labour and commercial disputes, and white-collar crime matters.
Represent Pizzarotti, an Italian construction company operating in the design and construction of major civil and infrastructure works, such as buildings, hospitals, roads and motorways, rail works and underground works.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Milan Lazić
Other key lawyers
Ivana Racković; Aleksandar Novaković; Filip Šušulić; Milica Volarev; Valentina Đorđić Mijatović