Indonesia’s Top 100 Lawyers 2022

Indonesia’s economic climate grew by 3.7% in 2021 from the previous 12 months, primarily driven by ongoing international economic recovery coupled with rising domestic desire for usage and expenditure. The Environment Bank forecasts Indonesia’s economic climate to speed up to 5.2% in 2022, supported by faster vaccination rollout, plan stimuli and reopening of financial sectors.

Irrespective of an optimistic outlook and on-keep track of recovery, the Asia Development Bank’s March report titled “Southeast Asia Mounting from the Pandemic” highlighted increasing inflation amongst prime worries for Southeast Asia’s premier financial system, undermining household acquiring energy in coming yrs. Other worries lie in uncertainty about the nevertheless-evolving pandemic, growing unemployment, and global political instability casting a shadow of lasting social and financial scars on the tourism-dependent economic climate.

To maintain financial momentum and fortify resilience, the government has released a huge array of regulatory updates in various vital sectors like manpower, banking and tax. This is in line with enactment of the new Constructive Expenditure Checklist relaxing Indonesia’s foreign financial commitment regulations to stimulate and liberalise its financial investment environment.

Much more considerable variations in Indonesia’s legal landscape are predicted in 2022 – notably in excess of own details safety, internet-zero emissions and dialogue advancing Indonesia’s Point out-owned Enterprises Invoice. It is very important for each domestic and international enterprises to look for lawful assistance when knowing the country’s evolving business environment.

Towards this backdrop, Asia Small business Law Journal offers its A-Listing of best 100 attorneys practising in Indonesia (a record and crucial practice areas for which they are endorsed follows). The record is based mostly on in depth investigation – along with nominations from in-household counsel in Indonesia and in other places, and Indonesia-concentrated partners at international regulation companies dependent outdoors the jurisdiction.

Opinions submitted to Asia Business Law Journal recommend that companies enjoy attorneys who are open up-minded to new organization versions though being proactive in all authorized areas when giving practical information.

Just about all of the A-Listing lawyers are found in Jakarta, the country’s cash and property to sizable govt workplaces and organizations. The town is perfectly put for attorneys to create up networks and hold up with regulatory variations in a variety of sectors.

Funds advisers

In new yrs, Indonesia’s burgeoning expenditure ecosystem has witnessed an unprecedented surge in M&A and IPO action in main sectors, in particular in the money provider industry, customer products, and information and interaction know-how. Many renowned attorneys on the A-Record are nominated for their knowledge in these kinds of transactions.

Hendrik Silalahi, handling husband or wife at William & Hendrik, is just one of them. He is proposed by Mary Cheung, CEO at community Jakarta fintech firm Pintar Inovasi Digital, for his decades of expertise in advising on intricate corporate transactions.

“He certainly has great and notable professionalism and believability in the capital sector and M&A fields,” claims Cheung. “He has produced persistent efforts in supporting and improving upon my firm with the ideal and most acceptable legal methods in previous years. Hendrik and his team under no circumstances quit complicated on their own in offering better solutions to clientele.”

Rama Gautama, lover and CEO at expense organization Goldfive Expense Money in Jakarta, recommends Silalahi as “a prime attorney in many parts of exercise, primarily with IPOs and the capital markets”.

“When we essential top-stage guidance on regulatory issues concerning capital industry transactions for our customer, we contacted Hendrik and his regulation organization due to the fact of his encounter and status, and his team’s broad spots of skills,” suggests Gautama.

Herbayu Yambo, vice president of litigation and distinctive assignments at insurance policies organization Zurich Asuransi Indonesia in Jakarta, nominates ABNR lover Ayik Candrawulan Gunadi for his capability to regulate difficult M&A tasks, and offer specific lawful information and a number of alternate options to legal concerns.

“He also understands clients’ objectives and can give realistic answers,” suggests Yambo. “He normally supplies lawful services with detailed lawful tips and many alternate alternatives to the client’s lawful challenges.”

Gunadi is also proposed by Dan Cho, vice president, lawful at important food items and agri-business company Olam Worldwide in Singapore. “Ayik has been a reputable, intelligent and resourceful adviser for many years”, says Zaki. “Even as I have moved industries, Ayik is my go-to counsel in Indonesia. It’s a enjoyment functioning with him and his crew.”

Pieter de Ridder, handling associate of Mayer Brown’s Singapore office, describes Gunadi’s colleague, ABNR senior foreign counsel Theodoor Bakker, as a lawyer with “excellent knowledge and encounter in Indonesian corporate law”.

An additional shopper, Jackie Williams, operations director, compliance at London Stock Exchange Group, compliments Bakker for his agility. “Theodoor is new to our business segment, but he has acquired to grips pretty rapidly with our solutions, the complexity of our business and the presenting we are operating on in Indonesia,” states Williams. “He is pretty professional, commonly offered to talk about troubles and is effective to troubleshoot.”

Well-personalized assistance

There is a persistent need to have to preserve companies up to day with Indonesia’s regulatory alterations and consumers praise the top rated-notch legal professionals for their exceptional assistance in these issues.

Hertyaning Vikadelina, authorized head at worldwide health care firm GSK in Jakarta, endorses Ira Eddymurthy, founding associate of SSEK Authorized Consultants. “She is very informative and resourceful in giving best practices, as nicely as the implementation of regulations and restrictions in practice,” claims Vikadelina. “This is incredibly practical for consumers to understand lawful difficulties holistically, enabling them to make audio and informed conclusions.”

Eddymurthy is also hugely regarded as “a function model” by Daniel Kim, director and undertaking supervisor, global workplace options Asia-Pacific, at worldwide real estate services and financial commitment organization CBRE in Singapore.

“Ira is a celebrity law firm who has not dropped sight of shopper associations and the technological features of the law,” says Kim. “She has developed a staff of extremely significant-carrying out legal professionals, from just one end of the bench to the other, who are notably responsive, considerate and obvious in communications.”

Hary Herdiyanto, CEO of corporate finance and consulting company SF Funds in Jakarta, describes Eddymurthy as a “smart, firm, still open-minded attorney with sturdy international publicity, and expert in handling a major-notch deal.”

Eddymurthy’s colleague, SSEK husband or wife Denny Rahmansyah, is praised for his capacity to “cut via to the crux of difficulties and give extraordinary solutions” by Karl Mohan, basic supervisor Asia-Pacific at cryptocurrency trade system Crypto.com in Melbourne.

“What I have appreciated most in doing the job with Denny is that he is capable to synthesise his views and responses so that non-authorized people like myself can clearly see the results,” states Mohan. “He is aligned in operating with quickly-shifting buyers like us, who are pushing not only the boundaries but also have a will need to work fast and efficiently. He has always place Indonesia’s authorized buildings in the forefront, such as doing the job progressively with regulators to educate them on a new market these kinds of as fintech.”

Kary Tang, general counsel for Singapore-dependent trade centre developer Samanea Group agrees. “Denny Rahmansyah is very expert and responsive with intensive experience, notably in the authentic estate area,” says Tang. “He is also ready to deliver practical suggestions dependent on our professional wants.”

All-rounders

Indonesia is identified for its intricate lawful mechanism – the place policies can be unpredictable and frequently applied at brief detect. Legal professionals who can combine their diverse understanding in many fields and turn into all-all-around industry experts are very sought after.

Angela Maryska, lawful head at Jakarta-centered company enterprise cash firm Sinar Mas Digital Ventures, admires Soenardi Pardi, lover and head of litigation follow at Hendra Soenardi.

“He’s a good all-rounder who has substantial worldwide knowledge in company and dispute settlement, becoming appointed as Indonesian counsel and professional witness in quite a few intercontinental dispute resolution conditions,” claims Maryska. “Despite his seniority, he generally offers personalised service and focus to his clients’ needs”.

Pardi is also suggested by Mohammad Prianto Madelar, director and legal counsellor for litigation at Jakarta-dependent investment decision keeping corporation Rajawali Corpora. “He usually had a sensible and workable option, whilst sometimes it took him a although to locate these kinds of a answer,” says Madelar.

Maryska, of Sinar Mas Electronic Undertaking, also extends her compliments to Pardi’s colleague, Hendra Soenardi spouse Oscar Damarjati, for his skill in furnishing useful options to go well with clients’ organization requires. “He is ready to negotiate comfortably and on place, equivalent with other lawyers who are much more senior than him,” suggests Maryska.

Soon after working alongside one another on their Collection-B Financial investment spherical, Bambang Susilo, chief financial officer and head of persons enhancement at digital signature service supplier PrivyID in Jakarta, was impressed by Damarjati’s operate high-quality.

“He has delivered us with a deep knowing of our wants, not only for the present transaction impact but also for possible long run situation that we need to have to be informed of from early on,” states Susilo. “He delivered a superior high-quality of get the job done and in a well timed method. He and his group have created major roles and contributions all through our financial commitment spherical.”

Frida Chalid, lawful and regulatory affairs director at dairy-based nourishment business Frisian Flag Indonesia in Jakarta, has this to say about Vincent Ariesta Lie, spouse at Makarim & Taira S: “Vincent has in-depth understanding of corporate, professional rules and has a great understanding of clients’ organization. He has fluency in translating the regulation into widespread language for business enterprise folks.”

Kresna Panggabean, taking care of associate at TNB & Companions, is another well known lawyer specialising in M&A, compliance approaches and typical corporate affairs. He is proposed by Adrian Dwitomo, common supervisor director at world wide logistics company Speedmark Transportation Indonesia in Jakarta.

“Kresna is an professional corporate law firm and has advised our firm with regard to compliance and complicated transactional issues in Indonesia and also cross-border,” suggests Dwitomo.

With two many years of knowledge, Luky Walalangi, taking care of lover at Walalangi & Associates, stands out as a extensive-standing adviser in foreign expenditure. He is proposed by Yuya Kodera, deputy head of legal at Mitsubishi Company in Tokyo.

“He is able to have an understanding of the accurate requirements of shoppers and provide precise assistance,” suggests Kodera. “He is also extremely polite and responsive.”

Ignatius Tirto Judokusumo, vice president of corporate finance at logistics enterprise Sicepat Ekspress in Jakarta, nominates Erwin Kurnia Winenda, companion at Dentons HPRP. “Erwin is practical and can enable us clear up troubles by offering alternatives,” claims Judokusumo. “I really feel harmless simply because every time I can simply call him, he will fortunately aid us.”

Serious estate, construction giants

In the real estate sector, Eddy Leks, founder and handling spouse of Leks&Co, is advisable by Ivan Setiady, director at true estate firm Risland Indonesia.

“He can come across legal methods for us and understands extremely nicely the sophisticated and dynamic restrictions in his industry,” claims Setiady. “He was one particular of the couple attorneys who educated us when the govt created alterations to the laws in the house sector in the Omnibus Regulation.”

Steven Kusnadi, improvement manager at asset management companies Boustead Funds Administration in Singapore, has this to say about Leks. “He is often willing to absorb new problems and accomplish to the upcoming level. His awareness and honesty about the matter are appreciated, with no overselling the provider he offers.”

Arif Kurniawan, legal supervisor at community railways operator Kereta Api Indonesia in Bandung, suggests Kirana Sastrawijaya, senior husband or wife at UMBRA, as “an experienced law firm in the area of building contracts and dispute resolution”.

Fransisca, partner at Will make & Partners (who is known by just just one identify), is applauded by Miarni Ang, legal director at authentic estate developer Agung Podomoro Land in Jakarta for getting “very responsive and worried in client interest”.

“For crisis conditions, we can often inquire for her guidance any time,” says Ang.