The field of coordination chemistry has evolved to intersect with organic chemistry and biochemistry, giving rise to the disciplines of organometallic and bioinorganic chemistry. Nuclear magnetic resonance (NMR) spectroscopy can be applied for characterizing transition metal complexes, spanning both diamagnetic and paramagnetic complexes prevalent in organometallic compounds and metalloproteins. This review offers a comprehensive overview of a wide variety of characterization techniques, ranging from basic 1H and 13C NMR spectroscopy to advanced methods such as heteronuclear experiments, polarization transfer techniques, relaxometry, and multidimensional NMR spectroscopy. The diverse array of NMR spectroscopic methods outlined here promises to enhance our comprehension of transition metal complexes, facilitating the development of innovative catalysts and therapeutics.