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Bosnia and Herzegovina

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Editorial

Legal market overview

Bosnia and Herzegovina (BiH) had its application for EU membership accepted in September 2016, marking a positive note following a slowdown of international capital inflow coupled with only marginal economic growth compared to last year.

Energy is an attractive sector for foreign direct investment, especially the construction of thermal power plants and wind farms with notable continued interest from Chinese and Middle Eastern investors. IP is an underdeveloped and relatively new area for local practitioners, with international clients and law firms providing the bulk of the work: the lack of Magic Circle firms in the market means referrals are abundant. Continuing the commonplace theme of new boutiques spinning off from larger firms, one recent example is Dimitrijevic & Partners breaking away from Local lawyers in cooperation with Karanovic & Nikolic in February 2016. The new firm is part of a new alliance called South East Legal Alliance (SELA), which also features Žuric i Partneri in Croatia and Bojovic & Partners of Serbia and Montenegro.

The market is dominated by a handful of highly capable domestic firms, including Maric & Co Law Firm, Law Office Miljkovic & Partners and Law Firm Sajic. CMS Reich-Rohrwig Hainz D.O.O. in cooperation with local lawyers and Wolf Theiss – in cooperation with local lawyers are two international firms that are also active locally and across Southeastern Europe.

B&B Legal is a new domestic firm with offices in the Republic of Srpska (Banja Luka) and the Federation of Bosnia and Herzegovina (Sarajevo). Serbia-originated international firm Local lawyers in cooperation with Karanovic & Nikolic also has offices in both cities.

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