LHBM Counsel > Jakarta, Indonesia > Firm Profile
LHBM Counsel Offices
Ciputra World 2, Tokopedia Tower
7th Floor, Jl. Prof. DR. Satrio No.Kav 11
Daerah Khusus Ibukota, Jakarta 12930
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LHBM Counsel > Firm Profile
LHBM Counsel combines the strength of experienced lawyers and in-houses. Our partners have worked in prestigious law firms and multinational companies. We commit to be industry-savvy in order to provide precise legal solution tailored to the client’s need. We understand you.
We obtained several recognitions, such as Rising Star Lawyers 2019 & 2021, Firms to Watch, and Employer of Choice by Asian Legal Business (Thomson Reuters), Notable Firm by Asialaw Profile Rankings, Recognized Midsize Indonesian Corporate Firms 2020 & 2021 by hukumonline.com, and among the top 100 lawyers in Indonesia by Asia Business Law Journal (2020, 2021, and 2022).
Staff FiguresSenior Associate : 1 Associate : 5 Junior Associate : 1 Trainee/Paralegal : 2
LanguagesEnglish Bahasa Indonesia
MembershipsPERADI (Indonesian Advocates Association) HKHPM (Indonesian Capital Market Legal Consultant)
CLIENT: Sham Sabnani
COMPANY/FIRM: General Counsel, Kimberly- Clark Asia Pacific
This testimonial is written to recognise Pak Heru Muzaki from LHBM Counsel. I’ve known Heru for many years now both as a fellow in house counsel and thereafter as a partner in LHBM Counsel. When it comes to providing practical and commercial driven advice. His advice is always on point, clear and where there is uncertainty due to current legislation or state of laws, he will provide his best judgement to the issue. He is very accessible and is quick to grasp the issues and the business realities.
Always a pleasure to work with Pak Heru.
CLIENT: Detri Triyadi
COMPANY/FIRM: Country Director, Wabtec Corporation
We have a tremendous experience working with LHBM Counsel. Heru Muzaki and team is very responsive, diligent, and willing to go extra mile. They have the sharp legal perspective and most importantly, commercial sense – which help us going through some of the key deals and issues we have in Indonesia. We enjoy working with LHBM Counsel.
CLIENT: Teddy Antono
COMPANY/FIRM: J&T Express
LHBM Counsel is an outstanding one stop legal service. They (a) have good range of practice areas which makes them versatile, (b) are well connected, and (c) are committed to deliver the best services possible.
We use LHBM Counsel’s services for several occasion and they never disappoint us. They are very strong in analytical skills in dealing with issues, creative in proposing solutions, good understanding on commercial interest of the client.
Heru Muzaki is definitely a partner to go. He keeps showing on why he is classified as a rising star in the legal industry.
CLIENT : Andre Sylvestre
COMPANY/FIRM : PT Wahana Interfood Nusantara Tbk / PT Pyridam Farma Tbk
We have great experience working with LHBM Counsel in several capital market and M&A deals that requires careful advice and sometimes, with very tight timeline. They got the job done and able to meet our expectations. Pak Heru Muzaki and team is very responsive and diligent. His practical knowledge on the business and thus suggested solutions contribute significant value for us in closing the deal with counterparts.
CLIENT: Kus Endrawati
COMPANY/FIRM: PT CBC Indonesia
Heru Muzaki and the team are very professional, responsive and prompt against our needs. They understand our business and provide significant services that meet our satisfaction. They have greatly assisted us in our last project. Would recommend them to anyone needing legal service.
CLIENT: Vincent Chong
COMPANY/FIRM: Legal Director – Reckitt Benckiser – Malaysia
LHBM Counsel’s Rio Lassatrio is a competent lawyer who tells you, straight off, the cans and cannots under Indonesian laws and regulations – very practical in his advice
CLIENT: Jay Kallman
COMPANY/FIRM: Partner – US-based Law Offices of H Jay Kallman
I am the lead international outside counsel for a corporation that has used Mr. Lassatrio and LHBM Counsel’s services for years. I have hired and supervised numerous Indonesian law firms on behalf of my client and have found Mr. Lassatrio and his firms far and away the best, on par in terms of quality of work with the most elite law firms in the United States. I provide them with my unqualified recommendation to those seeking legal representation in Indonesia.
CLIENT: Ikang Dharyanto
COMPANY/FIRM: Partner – Nishimura & Asahi
Rio Lassatrio is very professional and an experienced lawyer. He always has practical solutions to our issues.
At LHBM Counsel, we believe that the world is indeed becoming smaller each day. We are committed not to make it smaller by being unvaried. That is why our culture is open, diverse, and meritocracy.
We hire the best minds across all universities. In our understanding, the best means not only on paper but also on talent and attitude. We avoid hiring favourably graduates from specific university/ies only. We want our people to blend with each other and find similarities among differences. We also do not differentiate people by their gender, religion, and race. For us, the best idea wins, no matter from whom they are coming. We believe great solution comes from good culture.
We also practice meritocracy at its best. We encourage our people to speak their minds. In return, we give them ample opportunities to lead. We diminish unnecessary traditional law firm culture.
- LHBM Counsel is part of IR Global exclusive member for Mergers & Acquisitions in Indonesia (2020 and 2021)
Best Friend Networks
- Nishimura Asahi
- DFDL Legal & Tax
- Deloitte Legal International Pte Ltd
Globally – recognized awards or recognition
- Rising Star Lawyer (Rio Lassatrio and Heru Muzaki) by Asian Legal Business in 2019 and 2021
- Lawyer Monthly Legal Awards 2019 – Corporate M&A Firm of the Year
- Firms to Watch by Asian Legal Business in 2019
- Notable Law Firm in construction category by Asialaw Rankings in 2020 and 2021
- Indonesia’s Employer of Choice by Asian Legal Business in 2021
- Recognized Indonesia’s Midsize Law Firm by hukumonline.com in 2019, 2020 and 2021.
- The acquisition of PT Pyridam Farma Tbk (IDX: PYFA) valued at 100BIDR
- The acquisition of PT Wahana Interfood Nusantara Tbk (IDX: COCO) valued at around 100BIDR
- Issuance of Medium Term Note by PT Wahana Interfood Nusantara Tbk (IDX: COCO) valued at 200BIDR
- Advising Kimberly-Clark on several corporate restructuring initiatives
- Advising Wabtec Corporation in Indonesia in dealing with long term maintenance contract
Heru Muzaki, PartnerBack then, clients need law firms to tell them what the law is as a basis of taking decision. Now, the expectation of client towards law firms has changed. The significance of general/in-house counsel’s role has been emerging. They no longer expecting law firms to tell them what the law is, instead they want added value by focusing on the solution that fits each of their unique circumstance. Heru Muzaki is addressing how LHBM Counsel can cope and adapt with this changing paradigm.
What do you see as the main points that differentiate LHBM Counsel from your competitors?
Two words, being industry-savvy and develop commercial sense. LHBM Counsel is combining the sharpness of seasoned lawyers and commercial-minded of experienced general/in-house counsels. Having lived in these two roles, we aim to provide practical solutions and options to clients.
In assisting client, we do not want to stop on knowing the client’s business on the surface, but deeper to understand their business model, decision-making processes, risk appetite and factors, future opportunities, and even until technical jargons. This is necessary for us to be able to provide practical legal solution tailored to their needs. We aim to be their business partner instead of merely an advisor.
Which practices do you see growing in the next 12 months? What are the drivers behind that?
We see that healthcare, capital market, and M&A practices will grow for the next upcoming year along with the efforts of recovering economy after COVID-19 pandemic.
On healthcare (including pharmaceuticals), the pandemic has increased people’s awareness on the importance of science and health, while hospital bed ratio is still low. Hence, it is reasonable that this sector will grow. On capital market and M&A, we see that considering digital start-up era has almost seeing its sunset – with the fall of several – people will also start to invest more on these sectors as they are considered as one of the safest methods.
What’s the main change you’ve made in the firm that will benefit clients?
We change the way they work. We adapt to win.
The pandemic has forced us to leverage technology to the fullest. From online meetings to using any tools that can boost productivity and increase performance. Such that our people can focus on the things that matters. These changes have the most significant impact to our client. The client gets same level of service at reasonable pricing. This is because we can reduce our cost and save hours of billable with technology.
Is technology changing the way you interact with your clients, and the services you can provide them?
Yes, as explained above the technology has not only changed the way we work, but also the client. Leveraging digital tools has been proven to benefit the client with same level of service, even better.
Can you give us a practical example of how you have helped a client to add value to their business?
We once assisted a client, one of the biggest diesel-locomotive manufacturers, in negotiating an amendment to a long-term maintenance contract worth millions of dollars. The story begins with a regulation mandating the use of certain level of biodiesel, while the original contract does not cover this possibility. The use of biodiesel may affect significantly to the maintenance of locomotive as there might be risk of corrosion on some vital parts. One may assume and wish that this is a straightforward and simple amendment, but it is not.
We begin with studying the technical report done in another country on the impact of biodiesel, e.g. how they can cause corrosion, reduced lifetime, accompanying factors, etc. In this sense, we picked up several technical jargons that we need to understand before we build an argument to justify the need for amendment. We are in constant communication with the client’s technical experts and need to speak in their language. We also connect with our client’s commercial people to understand the rationale of deal and pricing structure. Long story short, with the support of our counterpart as well, we get the job done. Since then, the client does not see us the same way. They did not see us as their lawyers, they see us as partner. Someone who understands them and speak their language. Someone who can catch their risk appetite and opportunities. We blend with them.
Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?
Client nowadays does not wish us to tell them what the law is or ‘rubber stamp’ to justify their corporate actions. They need practical solution to their unique circumstances, as creative as possible. They need partner than another lawyers. We have this in our spirit. As such, we see that we will grow significantly for the next 3 years. We will be bigger, more industry-savvy, and cost effective.