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Legal market overview

Croatia was granted full membership to the European Union in June 2013, but the anticipated bounce from EU funding and private sector investment failed to materialise in its first year following accession. Instead, Croatia’s persistent recession continued and foreign direct investment slowed again in most sectors. Debt recovery and restructuring now constitute a staple of practice for many law firms. However, there are a number of positives to be taken: law firms report investment in tourism, the revival of activity in renewable energy, and the increased prospect of Adriatic oil and gas exploration as a result of the new Act on Exploration and Exploitation of Hydrocarbons and subsequent licensing round. Additionally, there remain various ongoing large-scale privatisations and renovations, such as the rehabilitation of Zagreb International Airport.

The legal market is populated by modest-sized law firms, and the past several years has seen a number of new law firms being founded by younger lawyers splitting off from former employers. Several newer firms provide high-quality service on a small scale at attractive fees.

Among the larger local firms are Bogdanovic, Dolicki & Partners; Divjak, Topic & Bahtijarevic; Mamic Peric Reberski Rimac; Porobija & Porobija; Šavoric & Partners; Vukic & Partners; and Žuric i Partneri.

Notable changes include the September 2014 launch of Kovacevic Prpic Simeunovic, whose three name partners were formerly at Žuric i Partneri. Former Mamic Peric Reberski Rimac attorney Ivan Krnic joined forces with Praljak & Svic Law Firm, whose partners formerly worked at Divjak, Topic & Bahtijarevic, creating a proposition that is ‘young, driven, ambitious and very serious’.

Several international law firms operate in the market through associations with locally qualified lawyers. Wolf Theiss – Zagreb branch maintains a significant presence, as does Karanovic & Nikolic, which has a network of offices across the Balkan region. Also present are CMS, Schoenherr Rechtsanwälte GmbH in co-operation with Croatian Lawyers and intellectual property specialist Petoševic.

Local firm Law Firm Glinska & Miskovic Ltd is an associated member of the DLA Piper Group. Bogdanovic, Dolicki & Partners has an association with Hogan Lovells International LLP.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Croatia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Implementing Regulations on Public Procurement

    On 1 January 2008 the new Public Procurement Act came into force. However, following the coming into force of the new Act the Public Procurement Office, a regulatory body authorized to develop and coordinate the public procurement system in Croatia reported that in the practice the new Act is actually suspended until the regulations necessary for its implementation are adopted.
  • Amendments to the Personal Data Protection Act

    On 28 March 2008 Croatian Parliament enacted Amendments to the Personal Data Protection Act ("Amendments").
  • Amendments to Civil Obligations Act

    The currently applicable Croatian Civil Obligations Act was enacted in 2005 ("2005 Act") with a goal of harmonizing Croatian legislation with a number of EU Directives relating to combat against late payment in commercial transactions, self-employed commercial agents, sale of consumer goods and associated guarantees, liability for defective products, as well as package travel.
  • Amendments to Electronic Commerce Act

    On 17 June 2008 the Amendments to Electronic Commerce Act ("Amendments") came into force. These amendments are aimed at fully harmonizing Croatian electronic commerce regulations with the relevant EU laws.
  • One-Tier Corporate Governance System Introduced in Croatian Legal System

    On 3 October 2007 Croatian Parliament enacted the Amendments to the Companies Act which should enter into force on 1 April 2008 ("Amendments", "Act"). These Amendments represent the first substantial change to the Act since 2003.
  • New Takeover Act Enacted

  • New Public Procurement Act

    On 1 January 2008 the new Public Procurement Act came into force. The Act was modeled on a number of EU regulations concerning public procurement, most notably directive on coordination of procedures for award of public works, public supply and public service contracts, directive on procurement procedures of entities operating in the water, energy, transport and telecommunications sectors, as well as directive on review procedures to the award of public supply and public works contracts.
  • Resignation of a Member of the Management Board

    In a recently published decision, the Croatian High Commercial Court held that in corporations having two-tier corporate structure, the Supervisory board (as a body resolving on appointment and revocation of members of the Management Board) is not authorised or required to resolve on resignation of the Management Board's member. The court was on the standpoint that the resignation has legal effects as of the moment of its delivery to the Supervisory board. As a result, once the Supervisory board receives a resignation of a member of Management Board, it is not to discuss such resignation, but only undertake necessary steps to appoint new member of the Management Board and register the changes with the competent registry court.
  • Constitutional Court Rules on Squeeze Out

    According to recent press release, in February 2007 the Croatian Constitutional Court overruled the claim filed by minority shareholders of Siemens affiliate in Croatia. The minority shareholders requested the Constitutional Court to declare that rules on squeeze-out introduced into Croatian legal system under the 2003 Amendments to Companies Act are in violation of the Croatian Constitution. Under the disputed rules, shareholders' meeting may, at the request of the majority shareholder holding at least 95% of the shares, decide to transfer to such majority shareholder the shares held by minority shareholders, provided that the squeezed-out shareholders are paid appropriate compensation.
  • Regulation on Investment Fund Mergers

    Based on the authority granted under the 2005 Investment Funds Act, on 14 December 2006, the Croatian Agency for Supervision of Financial Services ("Agency") adopted the Regulation on Open Investment Fund Merger. The Regulation sets out a number of rules related to procedure, conditions and methods for merger of open investment funds in Croatia. The Regulation will come into effect on 30 December 2006.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • Nairobi International Convention on the Removal of Wrecks, 2007

    On the 18th January 2015, Malta ratified the Nairobi International Convention on the Removal of Wrecks 2007, (hereinafter referred to as ‘the Nairobi Convention' or ‘the Convention').
  • Penkov, Markov & Partners welcome to Sofia colleagues from 19 countries

    On May 31 st and June 1 st 2015 Penkov, Markov & Partners hosted 38 colleagues – lawyers from most reputable law firms from 19 countries, including many European countries – Austria CHSH CerhaHempel Spiegelfeld Hlawati , Belgium Liedekerke Wolters Waelbroeck Kirkpatrick , Germany Noerr LLP , Portugal MLGTS , Switzerland ( Pestalozzi ), Liechtenstein ( Marxer & Partner ), Poland ( Wardynski & Partners ), the Czech Republic ( PRK Partners ), Hungary ( Nagy és Trócsányi ), Serbia ( JPM Jankovic, Popovic & Mitic ), Cyprus ( Dr. K. Chrysostomides & Co LLC ), Sweden ( Advokatfirman Vinge KB ), Lithuania ( Valiunas Ellex ), Scotland ( Maclay Murray & Spens LLP ), Slovenia ( Odvetniki Selih & partnerji ), as well as the US ( Butzel Long ; Bass, Berry Sims PLC ; Baker Botts LLP ; Steptoe & Johnson LLP ), Canada ( Farris, Vaughan, Wills & Murphy LLP ) and Singapore ( Rajah & Tann Singapore LLP .
  • Avellum strengthens its Dispute Resolution practice with hire of new partner, Dmytro Marchukov

    Avellum Partners welcomes Dmytro Marchukov as the new Partner and the Head of Dispute Resolution Practice.

    Avellum Partners welcomes Dmytro Marchukov as the new Partner and the Head of Dispute Resolution Practice.
  • Stephen Baker Ranked as the Only Jersey Lawyer to Make Top Legal List

    Stephen Baker , Senior Partner at Jersey based law firm  Baker & Partners , has been ranked as one of the top lawyers in the field of asset tracing and recovery by  Who’s Who Legal .   
  • Penkov, Markov and Partners Law Office and AmCham Organized Their First Joint Art Cocktail

    The law firm “Penkov, Markov & Partners” together with AmCham fulfilled their long planned idea to organize the first of its kind Art Cocktail in the office premises of PM&P. The event presented both modern Bulgarian Painters and Sculptors and as it happened, brought business and people together.
  • Dataquest Business Technology Awards 2015

    Anand and Anand has been awarded for excellence in the category of “Big Data/Analytics” at Dataquest Business Technology Awards  held on August 19, 2015 at The Hyatt, Mumbai. 
  • "The Practice of International Arbitration"

    Christos Georgiades & Associates LLC, the ICC Young Arbitrators Forum (YAF), the International Centre for Dispute Resolution (ICDR) Young & International, the International Council for Commercial Arbitration (ICCA), and Young ICCA are pleased to announce that an international arbitration conference will take place in Cyprus -Paphos on 18 September 2015, entitled "The Practice of International Arbitration".
  • Bär & Karrer: 3 August 2015 - Tiwel Holding Announces Public Tender Offer

    Tiwel Holding AG, Switzerland, a company controlled by the Renova group, today announced a mandatory public tender offer for all publicly held shares of Sulzer AG, which is listed on SIX Swiss Exchange and headquartered in Winterthur, Switzerland.  Sulzer AG holds interests in technology companies and other enterprises specializing in pump solutions, rotating equipment maintenance and services as well as separation, reaction and mixing technology. Tiwel offers CHF 99.20 per Sulzer share. Before launching the mandatory offer, Tiwel purchased a certain number of shares in Sulzer and thereby crossed the threshold of 33 1 /3 %, triggering the obligation to launch a mandatory offer. When launching the offer, Tiwel, together with the parties acting in concert with it, owned 33.36% of the shares in Sulzer. Currently, Sulzer has 34,262,370 issued registered shares.
  • Bär & Karrer: 7 August 2015 - PKB Privatbank Reaches Agreement With the US Department of Justice

    Within the framework of the US program in which it participated voluntarily, PKB Privatbank reached a non-prosecution agreement with the US Department of Justice. PKB Privatbank agreed to pay USD 6.3 million and to further cooperate with US authorities. In return, the US Department of Justice will abstain from criminal prosecution. The penalty amounts to approx. 1.9 percent of the total assets held by PKB Privatbank's US clients.