Stankovic & Partners (NSTLAW) advises domestic and international clients on complex litigation and international arbitration, with a strong emphasis on investment treaty disputes and high-value commercial matters. The team is led by Nenad Stanković, whose practice focuses on investor–state arbitration. Sara Pendjer plays a central role in ICSID proceedings and cross-border commercial disputes. The practice regularly acts in proceedings involving privatisation disputes, shareholder claims and enforcement actions, often alongside international counsel.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • What makes the individuals I work with truly stand out is their ability to combine legal precision with strategic insight. I’ve especially valued Sara Penđer’s skill in distilling intricate legal issues into actionable advice, which has proven essential in client strategy. Compared to competitors, the team’s strength lies in its responsiveness, clarity, and ability to adapt to both local and international legal frameworks. Clients often remark that working with us feels more like gaining a strategic partner than hiring a law firm.
  • What makes this practice unique is a combination of expertise and a global outlook. They have the ability to navigate complex local legal frameworks while aligning with international standards—translating global expectations into actionable local guidance. Potential clients would be most interested in the team’s responsiveness, clarity, and practical execution. Compared to other firms, Stankovic & Partners stands out for its ability to deliver heavyweight work with precision and agility. The team’s collaborative style and client-centric approach demonstrate a commitment to value and inclusivity. The firm actively contributes to global platforms like Lexology.
  • ‘What makes this practice unique is its ability to combine deep legal expertise with a strong commercial mindset, delivering advice that is both technically sound and practically actionable. I particularly value the team’s consistency, coordination, and ability to mobilize quickly around complex, fast-moving matters.'
  • ‘Sara Pendjer stands out for her depth of experience and ability to bridge the gap between strategic oversight and hands-on execution, offering guidance that is both practical and commercially sharp. I’ve particularly valued her calm, solutions-oriented approach and her instinct for knowing exactly when to step in and drive a matter forward.'
  • ‘NSTLAW's team exhibits strong expertise in the dispute resolution area. All the team members are exceptionally result-oriented, client-friendly and reliable.'
  • ‘Nenad Stanković, Ivan Nikolić and Maja Todorović are exceptional litigators. They are available at all times, proactive and creative. They particularly excel at crafting compelling legal argumentation.'

Key clients

  • Rand Investments Ltd
  • Kalemegdan Investments Limited
  • Coropi Holdings Limited
  • Obnova AD
  • UNIQA
  • Meggle
  • AIK Banka
  • Proinvestments
  • Apatinska Pivara doo
  • Crveni signal
  • Brikel EAD
  • Kimberly Group

Work highlights

Representing Rand Investments Ltd. as well as a number of other claimants, including Sembi Investment Limited, in an international investment arbitration before the International Centre for Settlement of Investment Disputes.
Represented around 200 shareholders of Serbian Bank Agrobanka in a c. €30m dispute before the Commercial Court in Belgrade against the Republic of Serbia, the National Bank of Serbia and the Agency for the Insurance of Deposits.
Representing Apatinska brewery in numerous cases and acting as their representative in all dispute resolution matters for which they use outside counsel.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Nenad Stankovic
Nenad Stankovic
Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Sara Pendjer
Sara Pendjer
Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Mitar Simonovic
Mitar Simonovic
Practice head

Nenad Stanković

Other key lawyers

Sara Pendjer; Ivan Nikolić; Maja Todorović