32 ASIAN LEGAL BUSINESS – OCTOBER 2023 WWW.LEGALBUSINESSONLINE.COM ALB INDONESIA FIRMS TO WATCH 2023 As the COVID-19 pandemic’s impact wears off, more businesses have inevitably been eyeing on developing and enhancing their presence in Indonesia. This spirit from business players has been bringing more work to LOKA, not only in the form of advisory requests but also assistance in transactional works and dispute resolution matters. LOKA’s practice areas include M&A, real estate development, international finance, infrastructure projects, dispute resolution in and out of courts, joint ventures, IT/IP matters, general corporate, labour issues, compliance, fraud investigation, and others. LOKA has been serving international and Indonesian clients in broad industrial sectors and successfully gaining their trust with LOKA. Lidyar Indhira Putri, the firm’s founding partner, mentioned that the main driver of LOKA’s steady growth is its strong team, including international affiliation, which is the central focus of Loka along with its reputation. It is continuously building the team’s strength by encouraging and supporting its members to provide the best legal services to the clients by delivering practical solutions to complicated legal matters in addition to opportunities for further training and qualifications in their interest, with emphasis on close mentoring to junior/mid-level lawyers. NUSANTARA LEGAL PARTNERSHIP Nusantara Legal Partnership (NLP) was established in 2018 with a practice focus on general corporate and commercial law, with extensive experience in technology, media, and telecommunication, logistics, and employment. The firm is continuing to expand and develop its legal services across divergent practice areas and business sectors such as banking and finance, transportation, marine, manufacturing, intellectual property and sports and entertainment. For that purpose, it continues to grow its networks by joining various business chambers of commerce, international legal networks of independent law firms, and actively publishing articles on international legal publication platforms. As part of its growth, NLP has increased its headcount from two feeearners to eight and aims to continue expanding its team of lawyers within this financial year, as required due to the firm’s increasing client’s demand. It is currently widening its office space to accommodate the growing team. Its focus is not only to expand the firm but also to create a team with top-notch quality lawyers regarding their personality, work ethics, and capabilities. Despite the weak economy in Indonesia during the COVID-19 pandemic last year, NLP has managed to increase its revenue substantially. It is mainly because the majority of its work is on an hourly basis, and it rarely takes on assignments on lump-sum fee arrangements while remaining to offer reasonable fee arrangements and is able to have a high client retention rate. One of the most notable achievements of the firm was representing the Fédération Internationale de Basketball (“FIBA”) in the FIBA Basketball World Cup 2023, partially held in Jakarta, Indonesia, from 25 August to 3 September 2023, whereby NLP has become the only Indonesian law firm that has an on the ground experience in handling world cup level sporting event. Founding partner Marshall Situmorang has been the key to NLP’s business development efforts, with his vision of providing one-stop legal services. He has also managed to drive the younger team members to improve their commercial awareness. Audria Putri, senior associate, who joined the firm in 2021, is also a key member, having been focusing on the internal development of the team, including recruiting the best talents that would suit the firm’s standard with the aim of finding the lawyers of the future. TAMBA & KUMARA LAW OFFICES Tamba & Kumara Law Offices (T&K) is a relatively new law firm established in 2022 by two founding partners. In just one year, it has grown to include 11 fee-earners. T&K has provided legal assistance to various clients since its inception. The firm was appointed as a consultant for the preparation of academic papers and draft bills for an Indonesian Ministry as part of the national strategic policies relating to the notion of “Indonesia Emas 2045”. They also served as joint legal counsel for PT Gunbuster Nickel Industry and PT Bank Mandiri (Persero) in relation to facility agreements amounting to more than $300 million. T&K also assisted Korea Marshall Situmorang Narada Kumara Yohanes Tamba Image: Winner Creative/Shutterstock.com
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