Firm Profile > Makarim & Taira S. > Jakarta, Indonesia

Makarim & Taira S.

Labour and employment Tier 1

Makarim & Taira S. is highly experienced in contentious employment issues, particularly in cases involving mass terminations. Lia Alizia leads the team and is skilled in handling terminations, redundancies and immigration issues. Also recommended are Rahayu Hoed, who advises on terminations, and Alexandra FM Gerungan, who is experienced in terminations and health and safety-related cases.

Practice head(s):


‘Makarim & Taira S compromises of individuals who have a strong and deep knowledge of their own field and support one another.’

‘They respond swiftly to emails and urgent requests.’

Key clients

Kerry Ingredients Indonesia

Save the Children


Hilton Hotels

NTT Data

Cushman & Wakefield

UBMG Limited

Lixil Group Corporation

Symantec Corporation

Aetna International

Asian Paints


Fred Hollows Foundation

Médecins Sans Frontières

New Balance

Projects and energy Tier 1

Makarim & Taira S. is highly experienced in energy and infrastructure projects, and primarily acts for the projects company on these mandates. Rahayu Ningsih Hoed is one of two practice heads and advises on power plant developments, mining projects and land acquisitions. Vincent Ariesta Lie also leads the team and has advised on mining, power plant, and oil and gas projects. Other key figures include Yohanes Masengi, who is skilled in project financing and land acquisitions; Maria Sagrado, who is particularly experienced in advising Chinese clients on mining and energy investments; banking and finance expert Kurniawan Tanzil; and procurement specialist Heru Mardijarto.


Key clients

Sumitomo Corporation

Marubeni Corporation

Toba Bara Sejahtera

Agung Podomoro Land

DP World

Chubu Electronic Power


Asahimas Chemical

Shanghai Construction Group

Takenaka-Total Joint Op

China Shenhua Energy Company Limited

Real estate Tier 1

Makarim & Taira S. is notably skilled in handling land acquisitions, leasehold arrangements and general contractual matters. Rahayu Hoed is a key figure and particularly active in advising on land acquisitions in the project and energy space. Heru Mardijarto has a similar focus on the energy and natural resources sector, but focuses on issues such as construction and procurement agreements. Also recommended is Lia Alizia, who is an expert in land transfers and due diligence.

Practice head(s):

Other key lawyers:


‘Very easy to communicate with and respond in a timely manner.’

‘Provide excellent service.’

Key clients

Sumitomo Corporation

Marubeni Corporation

Australian Embassy

New Forests

BHP Steel

GE Finance


Country Garden

Agung Podomoro

Hilton Hotels

Mandarin Oriental

Accor Hotel

Premier Inn

Marriot Hotel & Resort

Badan Pelaksana Otorita Danau Toba

Restructuring and insolvency Tier 1

Makarim & Taira S. advises on bankruptcy, restructuring and insurance liability issues. Alexandra FM Gerungan co-heads the practice and regularly represents creditors in relation to payment delays and bankruptcies. Also leading the team is Lia Alizia, who is very strong in advising multinational companies on restructuring issues. Kurniawan Tanzil, who heads the banking and finance team, is also very experienced in handling debt restructurings.

Other key lawyers:

Key clients

Yonder Music

Kerry Group Plc

Blueback Global

Club Med Asia Pacific

Media Development Investment Fund

Kepco SPC Power Corporation

Axis Bank

Aviation Tier 2

Makarim & Taira S.' area of focus in aviation concerns project developments and aircraft leasing. Kurniawan Tanzil and Lina A. Amran from the banking and finance team are the key names to note.

Banking and finance Tier 2

With a client base that includes banks, financial institutions and insurance companies, Makarim & Taira S. is a popular choice for aircraft and export credit financing, as well as bilateral and syndicated loans. Kurniawan Tanzil leads the team and represents both borrowers and lenders on complex financial transactions. Lina A. Amran is also skilled in banking transactions, with additional expertise in trade financing, credit insurance and commodities trading. Maria Sagrado regularly represents foreign investors in financial transactions and has a particular interest in the fintech space.

Practice head(s):

Other key lawyers:

Key clients

China Development

Bank of China

Visa Worldwide


BNP Paribas

Bank of America

Bangkok Bank Public

Company Limited

Deutsche Bank AG

The Bank of Tokyo-

Mitsubishi UFJ, Ltd and Mizuho Corporate Bank, Ltd

The Hongkong and Shanghai Banking Corporation Limited

PT Bank Mandiri (Persero) Tbk.

Axis Bank Limited

DZ Bank AG

Alipay (Hong Kong) Holding Limited

WeLab Quest Limited

Corporate and M&A Tier 2

Makarim & Taira S.' skillset in this space includes M&A, joint ventures and reorganisations, with a particularly strong presence in the manufacturing, hospitality and natural resources sectors. Rahayu Ningsih Hoed heads the practice and is notably strong in the energy sector. Commercial specialist Teddy Achmad Suprijadi is also strong in the energy sector, as well as in TMT and insurance. Managing partner Lia Alizia is skilled in transactions, corporate governance and general commercial matters.

Practice head(s):


‘Maria Sagrado has been attentive, cares for her client’s needs and is very efficient.’

Key clients


Lotte Chemical Corp


ArcelorMittal Gonvarri Brasil Produtos Siderurgicos, S.A



Dimensions Data


Pertamina Geothermal Energy

Mapletree Investments

PT Aventis Pharma

Fermo GmbH



Flexicon Singapore Pte. Ltd.

PT Hyundai Machinery Indonesia

Legal Studio

Chatham Imports, Inc.

Dable Inc

Dispute resolution Tier 2

Makarim & Taira S. handles contentious issues through both litigation and arbitration. Managing partner Lia Alizia is a key figure and an expert in corporate and commercial litigation. Alexandra FM Gerungan is strong in litigation and arbitration and very active in the financial services and pharmaceuticals sectors. Rahayu Ningsih Hoed also handles disputes in the financial services sector and has additional expertise in contentious issues surrounding the energy sector. Senior associate Rudy Andreas Sitorus, who is skilled in civil litigation and arbitration, is also recommended.

Other key lawyers:

Key clients

Club Med Asie

Hipra SA Laboratories

HBO Asia

Carlson Hotels Asia Pacific

PT Sari Melati Kencana

Axis Bank

PT DSI Underground


PT Geo Dipa Energi (Persero)

PT Ferrostaal Equipment Solutions

PT Nusa Halmahera Minerals

Banner Marine Pty Ltd

PT Wood Group Pressure Control

Radio Frequency System

Alcan Packaging Flexipack

The Commonwealth of Australia/Australian Embassy in Jakarta

Canadian Red Cross in Jakarta

Croda Overseas Holdings Limited

PT Daewoong Pharmaceutical Company Indonesia

IT and telecoms Tier 2

Makarim & Taira S.' skill set in this space involves advising on transactions, disputes and regulatory issues. Maria Sagrado leads the team and is very active in advising on fintech regulations and transactions. Managing partner Lia Alizia is also a key figure and regularly acts for TMT clients in disputes. Also highly recommended is Teddy Achmad Suprijadi, who is an expert in advising on transactions involving the technology sector.

Practice head(s):


‘Provides clients with clear and proper communication.’

Key clients


NTT Data



Dynamic Credit


Tencent Limited

Motorola Solutions

Cisco Systems



WeLab Quest Limited

HBO Pacific Partners, V.O.F

Capital markets Tier 3

Makarim & Taira S. acts on both debt and equity capital markets matters, and is experienced in advising on IPOs. Maria Sagrado leads the team and regularly assists foreign investors with capital markets transactions. Banking and finance expert Kurniawan Tanzil has very broad expertise which includes bond issuances.

Practice head(s):

Other key lawyers:

Key clients

Dominus Asses Management

DZ Bank AG

Bank Mandiri Tbk

The firm: Established in 1980 by two Harvard graduates, Nono Anwar Makarim and Frank Taira Supit, Makarim & Taira S. is one of Indonesia’s oldest and most reputable independent full-service law firms, trusted by leading international and domestic clients to deliver applicable real world solutions. Its advice is based on 40 years of in-depth experience successfully navigating Indonesia’s complex and rapidly changing landscape. Makarim & Taira S. is an internationally recognised firm with an impressive range of household names on its client list.

Makarim & Taira S. is offering a full range of corporate, banking, litigation and specialist legal services to national and international clients. The firm’s longstanding reputation among policymakers, regulators, state-owned companies and world-leading industry groups provides unique insights into the latest government policies and industry knowledge. The firm guides clients through Indonesia’s complex and dynamic regulatory landscape so they can achieve their commercial goals.

Reflecting on the quality of its work, client relationships tend to be long lasting, even spanning decades, as it works in partnership to help clients shape their businesses in Indonesia. Moreover, the firm’s independent status enables it to work with other reputable parties that are qualified in their fields, including law firms from various jurisdictions.

Areas of practice: Long considered one of Indonesia’s leaders in corporate and banking/finance practices, the firm has recently been recognised for its work on high-profile infrastructure and power projects. Its employment expertise has also drawn accolades.

The firm’s areas of expertise also include aviation, banking and finance, capital markets, competition, construction, foreign investment and general corporate practice, franchise, hotel, resort and tourism, infrastructure and major projects, insolvency and restructuring, intellectual property, litigation and dispute resolution, media, IT and telecommunications, mergers and acquisitions, mining and energy, real estate, and transportation.

Its expertise is also sought by the Indonesian government, which has invited the firm to provide advice on a number of key legislative developments. As a result, it has unique insights into the evolution of Indonesia’s legal environment, enabling an ability to anticipate potential changes and act accordingly to protect and guide the interests of its clients.

With its long track record of successfully handling high-profile transactions, including a number of landmark cases, Makarim & Taira S. is a solid choice for both domestic and foreign clients looking for a trustworthy partner with in-depth expertise in Indonesia.

Department Name Email Telephone
Banking, finance and capital Markets Frederick Simanjuntak
Banking, finance and capital markets Kurniawan Tanzil
Banking, finance and capital markets Maria Sagrado
Litigation and dispute resolution Rahayu Ningsih Hoed
Litigation and dispute resolution Lia Alizia
Mergers and acquisitions Kurniawan Tanzil
Mergers and acquisitions Maria Sagrado
Mergers and acquisition Yohanes Masengi
Mergers and acquisitions Frederick Simanjuntak
General corporate and foreign investment Vincent Ariesta Lie
Corruption/corporate governance Lia Alizia
Intellectual property Lia Alizia
Telecommunications Yohanes Masengi
Telecommunications Kurniawan Tanzil
Telecommunications Heru Mardijarto
Property development/infrastructure Rahayu Ningsih Hoed
Property development/infrastructure Yohanes Masengi
Property development/infrastructure Heru Mardijarto
Employment Lia Alizia
Energy, natural resources and mining Rahayu Ningsih Hoed
Energy, natural resources and mining Vincent Ariesta Lie
Energy, natural resources and mining Maria Sagrado
Construction Rahayu Ningsih Hoed
Construction Heru Mardijarto
Competition Lia Alizia
Photo Name Position Profile
Ms Lia Alizia  photo Ms Lia Alizia Lia Alizia is a Partner in the Makarim & Taira S. Corporate,…
Mrs Rahayu Ningsih Hoed  photo Mrs Rahayu Ningsih Hoed An award-winning lawyer, Rahayu Ningsih Hoed has successfully negotiated land acquisitions for…
Mr Vincent Ariesta Lie  photo Mr Vincent Ariesta Lie Vincent Lie is a Partner at Makarim & Taira S. who combines…
Mr Nono Anwar Makarim  photo Mr Nono Anwar Makarim Nono Anwar Makarim has led civic and political activities, and served as…
Mr Heru Mardijarto  photo Mr Heru Mardijarto Heru Mardijarto is a Partner in the Firm’s Corporate and Commercial department.…
Mr Yohanes Masengi  photo Mr Yohanes Masengi
Ms Maria H. Sagrado  photo Ms Maria H. Sagrado Maria Sagrado is a leading practitioner and a highly-skilled negotiator with extensive…
Mr Frederick Simanjuntak  photo Mr Frederick Simanjuntak Frederick Simanjuntak has extensive legal experience in banking and finance, investment, mergers…
Number of lawyers : 50
World Services Group
World Law Group

Legal knowledge, analytical skills and sound judgment, as well as having the right attitude are the mark of Makarim & Taira S. (M&T) lawyers. We have carefully and tirelessly worked to ensure that these characteristics and traits transcend everyone in the Firm, and to provide the highest levels of service to people who believe in us – not only to our clients, but also to our M&T lawyers.

We have always been proud to produce reputable lawyers with a oad and deep skill set that enable them to manage the complex and ever-changing landscape of the industries and practice areas they will be dealing with. At the Firm, we have been implementing an apprenticeship model – providing leaders that young associates can learn from, be their mentor, and also their adviser. From the time they commence their employment or training at the Firm, we ensure that an effective working environment and talent succession are in place:

Talent recruitment and management

M&T has consistently been one of top 5 most wanted employers in Indonesia for law students and graduates. Finding the right people for the Firm starts with three steps in our screening process: interview, written test, and psychological evaluation. Once these young lawyers or trainees are accepted, we take in the responsibility to develop their knowledge, skills and experience, as well as allow them to set their career and development goals.

Each associate in the Firm will have their own mentor who will be working with them as they deal with various transactions under different practice areas; they will also have an adviser who idges the communication between the associates and the Partners, and who the associates can talk to if they have grievances. Each of the mentors recognize differences in personalities, attitudes, and generation of associates (i.e., millennials and Gen-Z), so the training and mentoring process is also adjusted accordingly.

These young lawyers are given clear assignments and are made to understand what is expected of them – this will be the basis for periodic evaluations to measure their growth, development, and contribution to the Firm. We also instil a culture of collaboration, encourage them to take active roles in strategic planning and case management, and allow them to experience client servicing.

Work-life balance

Sharpening core competencies is vital – we aim to develop our lawyers’ essential skills of analysis, reasoning, and clear presentation of facts and legal arguments. However, we also recognize that happy lawyers are the most productive. At M&T, we provide and encourage our lawyers to participate in various extracurricular activities such as: futsal match, yoga class, recreational activities (e.g., watching movies together), outings, eaking fast gatherings, etc.

We have a eakout room and eastfeeding room in our office, and also carry out CSR activities (blood drives and orphanage visits). We also provide soft skills training in-house (effective communication, grooming, relationship building) to further distinguish our lawyers as top legal talents.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Excellent Jakarta-based law firm. Very responsive and collaborate in multi-jurisdictional teams very well.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Responsive, cost effective and good understanding of industry and regulatory issues.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Good teamwork.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: The firm is very responsive and very commercial. When we need a quick response for a client, Makarim & Taira S. are always happy to oblige.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Makarim & Taira S. has provided excellent, sufficiently detailed and timely advice on our projects.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Fast response and very strong advisory capability.

CLIENT: Confidential

COMPANY/FIRM: Confidential

TESTIMONIAL: Resourceful.

Lia Alizia, Managing Partner

The Managing Partner explains how the firm is differentiating itself from competitors and adapting to clients’ changing needs.

What do you see as the main points that differentiate Makarim& Taira S. from your competitors?

We provide trustworthy, timely, efficient, transparent and value-creating legal solutions and services for our clients, so that they can confidently achieve their business objectives. To do so, we believe that knowledge and expertise alone are not sufficient. As legal advisors, we also need to have wisdom, particularly local wisdom and customs that most of our foreign clients seek. Wisdom is something that is built up over time and our firm has 40 years experience building up the kind of wisdom that will help us provide the most effective and efficient solutions for our clients. Having wisdom also means that we value compassion and ethics and we care for our clients and their needs wholeheartedly and always have their best interests in mind.

To ensure the sustainalibity and consistent delivery of our services, we see our freshly recruited trainees as our future partners. Therefore, we prioritize developing and growing our lawyers through personalized mentoring programs that allow a transfer of knowledge, expertise as well as the firm’s culture from generation to generation with a clear career path. This means that our clients can rest assured that Makarim & Taira S. will continue to consist of highly competent lawyers, who have the wisdom of the past, grasp the knowledge of the present and seek to uncover the insights of the future.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

Many changes have occurred in the past 8 months due to the pandemic, which have impacted various aspects of life and business in general. Certain regulations may be changed to accommodate this unprecedented experience such as those that require physical meetings or presence, electronic transactions etc. As the impact of this pandemic, we expect to see potential in litigation regarding disputes, employment and restructuring work. Also, we anticipate a flow of legal works in the form of new inbound investment, M&A and Project Financing deals and adjustments to the existing businesses in Indonesia due to the upcoming Job Creation Law or UU Cipta Kerja (Omnibus Law).

What’s the main change you’ve made in the firm that will benefit clients?

We are an organization that believes in integrating the wisdom of the past with the theoretical and practical knowledge of the present and future insights. Therefore, learning and continuous improvement are important parts of our firm’s culture. Moving forward, we would like to focus on sharing the knowledge, expertise and wisdom that we have developed over time with the law and business community as well as the public in general through thought leadership, journals, articles, seminars/webinars and other ways available, such as the M&T Learning Center.

Is technology changing the way you interact with your clients, and the services you can provide them?

We believe that the ability to adapt to external changes, particularly ones related to our clients’ needs and expectations, is very important to ensure our sustainability. The pandemic has also forced the changes to happen more rapidly and has actually transformed the way business is done in general. From virtual meetings, webinars, to the digitalization of documents, we expect to further see and incorporate limitless innovations in our services for our clients.

Can you give us a practical example of how you have helped a client to add value to their business?

We position ourselves not only as advisors, but also as partners of our clients. This means that we have their needs and best interests in mind at all times and we try to anticipate incoming challenges and identify opportunities for them ahead of time. We send regular updates on new regulations/policies that might impact their business and from time to time open for direct discussions with our clients on particular new legal issues. We also try to be flexible in delivering our services to adapt to their needs and this includes providing flexible ways of financing their legal needs.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

Stability and strategic direction are crucial for clients, but over the past 40 years, we have proven that stability does not necessarily mean having the exact same people in the firm. When a firm has an effective development program for its lawyers, it allows it to ‘regenerate’ its expertise and services without comprimising the quality. Therefore, in three years’ time, we see ourselves as an independent leading Indonesian law firm that provides a wide range legal services with highly qualified lawyers who are not only knowledgeable and skilled in their areas, but also have the wisdom to help our clients deal with any challenges that may come their way and provide them trustworthy, timely, efficient, transparent and value-creating legal solutions and services, so that they can confidently achieve their business objectives.