LAW FIRM OF THE YEAR: EASTERN EUROPE & THE BALKANS

WINNER: Karanovic & Nikolic

Serbian-headquartered Karanovic & Nikolic has set itself apart from its competitors in the past few years by developing a truly pan-regional strategy. In 2013 Karanovic added to its existing offices in Bosnia & Herzegovina, Macedonia, Montenegro and Serbia by opening in Croatia.

The firm has coupled its expansion with a stream of strategic initiatives designed to encourage career development and associate retention. Senior associates are included in a mentoring programme designed to teach them the skills needed to develop. Karanovic also implemented a strategic vision programme designed to take the firm through to 2020, which included identifying its strengths and weaknesses and identifying a group of lawyers to take the lead on business development.

Karanovic has also implemented regional practice groups, with the aim of ensuring cross-border integration and in anticipation of an increasing flow of pan-jurisdictional work.

Further examination of the firm’s structure is underway and Karanovic is determined to continue developing to meet client needs and extend its people, while always bearing in mind the complex cultural sensitivities of the region it works in.

Highly commended

Boyanov & Co

Shortlist

  • Boga & Associates
  • Kalo & Associates
  • Pamboridis