Karanovic & Partners o.a.d. advises on a wide range of employment matters, from routine HR queries to major restructuring and investigation mandates. Milena Jakšić Papac heads the practice, regularly counselling on dismissals, collective procedures and compensation arrangements. Supporting the team, Milijana Tomić assists with employee engagement, termination processes and employment issues arising from corporate transactions. Jelena Ašanin departed the team in November 2025.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The practice stands out due to its in-depth understanding of both local and international legal frameworks, combined with a highly client-focused approach. Unlike many firms that rely on rigid procedures, this team tailors strategies to each client’s unique situation, fostering a sense of trust and efficiency.'
  • ‘What makes this team unique is the way they mix deep expertise with a very practical, down to earth approach. Instead of giving generic advice, they take the time to really get to know each client, their business and what they are trying to achieve.’
  • ‘Exceptional knowledge in all legal topics, a positive attitude, and innovative thinking. Extensive practical experience.’
  • ‘What makes this practice unique is the combination of deep legal expertise and a truly human approach to working with clients.'
  • ‘The team has multidisciplinary legal advisors who are able to take a look into the different aspects of work. This is very helpful, as covering more legal practices leads to better understanding of each case and a possibility for a stronger case/advice.’
  • ‘They possess outstanding practical knowledge that aids in decision-making and provides the best advice for any case we encounter in a company.’

Key clients

  • Bechtel
  • L’Oréal
  • Inditex Group (Zara)
  • Johnson Electric International AG
  • Ericsson
  • Stellantis
  • Remote
  • Volvo
  • Gorenje||(Hisense|)
  • Sika Group
  • Advanced Micro Devices (AMD)
  • Kone

Work highlights

Providing continued support to Stellantis and its local subsidiary FCA Serbia following a transformation project involving more than 1,500 employees.
Advised AMD on its entry into the Serbian market, culminating in the successful closing of a deal in September 2024 to establish a new engineering design centre with offices in Belgrade and Niš.
Supported Playstudios through a restructuring process involving a mass downsizing initiative.

Lawyers

Leading partners

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

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

Milena Jakšić Papac

Other key lawyers

Milijana Tomić