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.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘The Karanovic team are absolute market leader. Their team consist of brilliant and incredibly dedicated lawyers.’
- ‘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 is a superstar. She is an incredibly bright lawyer, very strategic and a joy to work with. She is a wonderful addition to any team.’
- ‘Milica Savić is a top-notch attorney, an expert in the courtroom and an impressive legal mind, also being a delight to work with. Milica Volarev is an up-and-coming star in her own right, with a keen legal mind.’
- ‘This is a professional, expert, legally well-rounded and pragmatic team, pushing new boundaries of local litigation and always ready with a creative solution.’
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