Marccus Partners expands in Asia - Official inauguration of the new office in Jakarta (Indonesia)
After establishing its presence in Europe, Marccus Partners continues to expand its global coverage by creating a network of law firms in Asia Pacific. The first step in the Asia Pacific region was done last year, in the summer, with the association of HHP Shanghai.
Marccus Partners is proud to announce its association with Mabel & Associates, Attorneys at Law, an Indonesian law firm in Jakarta that has established itself as a provider of legal and advisory services to many corporations and individuals throughout Indonesia."
By affiliating with Marccus Partners, Mabel & Associates will strengthen its expertise in Corporate Law/M & A, Banking & Finance, Real Estate, Restructuring, Labour & Pensions, Litigation & Arbitration, Environmental Audit and Human Rights Assurance.
“We are thrilled to establish an affiliation with an international law firm with a global network, renowned reputation and commitments to sharing their expertise and best practices to the legal world in Indonesia,” says Meggy Parengkuan, founding partner of Mabel & Associates.
Bernd Sagasser, Business Unit Leader “Law” of the group and Partner of Marccus Partners comments on this strategic expansion: “This affiliation with Mabel & Associates is the latest addition to Marccus Partners' expansion strategy to the fastest growing economies of the world. Our presence through Mabel & Associates will bring us closer to our clients in Indonesia and, in particular, will allow us to serve as a bridge for foreign investment and cross-border M & A activity in the Asia Pacific Region. There is a need of protection of foreign investments in Indonesia applying social responsibility.”
On that occasion a Memorandum of Understanding was also signed between Marccus Partners and the Dean of the Law faculty of Universitas Gajah Mada for the establishment of a think tank project covering fields such as Audit, Tax, Legal, and Human Rights.
INDONESIA, FAST GROWING ECONOMY, NEEDS TO STRENGHTEN ITS LEGAL SECTOR
As one of the biggest economies in Asia, Indonesia has been showing its escalating importance to the world economy in recent years. After elevating to be a middle-income country, Indonesia steadily grows at more than five percent a year. However, the country needs to overcome some fundamental handicaps to grow faster. “Legal sector is one of them. In this sector, Indonesia as a country and its business entities need to be more aligned and compatible to the international world.” says Meggy Parengkuan. She adds that the lawyers can play this role by providing legal services and advisory to business sector to improve their practices: “We can do it, for instance to assist private sector to respond to unprecedented needs to comply to human rights and social as well as environment standards”.
The current global economy has arrived at a point where companies are pressured by the market to meet global standards of corporate law and corporate governance and report transparently about their sustainable practices. Human rights and social compliance is a powerful strategy for conducting business in a sustainable manner, legitimizing a business or becoming a social license for a company to operate.
“In recent years, we have seen a growing understanding among companies that recognizing human rights risks in their local operating environments is one of the most important steps in ensuring company compliance, good practices and, as a result, doing business sustainably. As an international law firm, Marccus Partners has a strength and commitment to show its leadership in this arena,” says Marzuki Darusman, Senior Advisor for Mazars Asia Pacific and Marccus Partners.
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