Understanding Insurance: A Comprehensive Overview
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Understanding Insurance: A Comprehensive Overview

What is Insurance? In general, insurance is a contractual arrangement between an individual or entity (the insured) and an insurance company (the insurer), whereby the insured pays a premium in exchange for financial protection against specified risks. Similarly, in Indonesia, Law Number 40 of 2014 concerning Insurance defines insurance as an agreement between an insurance…

Religious Holiday Allowances in Indonesia: Enhancing Partnership Work Relationships
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Religious Holiday Allowances in Indonesia: Enhancing Partnership Work Relationships

Understanding Religious Holiday Allowances Over quite many years, the Indonesian government has mandated that employers provide religious holiday allowances (Tunjangan Hari Raya – “THR”) to their employees based on their respective religions. The compulsory provision of religious holiday allowances is outlined in several regulations concerning employment matters, including Law Number 13 of 2003 concerning Employment,…

E-Procurement & E-Tendering in Indonesia: Game Changer or A Way for Irregularities?
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E-Procurement & E-Tendering in Indonesia: Game Changer or A Way for Irregularities?

In today’s ever-increasing digitalization era, all businesses across sectors must adapt to the challenges of this digital landscape to become more competitive and efficient. Procurement of products and services, as one of the entry points into business competition in government and private projects, contributes to the adoption of digitalization to ensure smooth and efficient procurement…

Social Security and Employee Welfare in Indonesian Employment Practices
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Social Security and Employee Welfare in Indonesian Employment Practices

Indonesia’s employment landscape is marked by a dynamic interplay of socio-economic factors, where social security and employee welfare emerge as pivotal elements. Social security essentially refers to protective measures provided by the state to ensure the well-being of its workforce, encompassing aspects such as health insurance, retirement benefits and workplace safety. Concurrently, employee welfare delves…

Differences Between Criminal Law and Civil Law: A Guideline
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Differences Between Criminal Law and Civil Law: A Guideline

Law, as an integral part of society, plays a crucial role in regulating and maintaining order, security, and justice in a society. In the field of law, two fundamental branches exist: criminal law and civil law. Explore this brief guide to understand the fundamental concepts behind these two legal domains, which is important for everyone,…

ADCO Law, represented by Senior Partner Alexandra Gerungan and Associate Danil Pratama, is among the winners of the Indonesia Pro Bono Awards 2023.
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ADCO Law, represented by Senior Partner Alexandra Gerungan and Associate Danil Pratama, is among the winners of the Indonesia Pro Bono Awards 2023.

Jakarta, Indonesia – ADCO Law, one of leading law firms in Indonesia, has been recognized as the winner of the Indonesia Pro Bono Awards 2023. The prestigious award was presented to ADCO Law at the Awarding Ceremony during the discussion session “The Commitment and Impact of Pro Bono by Indonesian Lawyers on Social and Economic…

Civil Law in Indonesia
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Civil Law in Indonesia

Civil law is an indispensable part of our lives; almost every aspect of our daily activities falls under its purview. From even before a person is born, to their interpersonal relationships with other people or with their assets, until their death, civil law plays a crucial role in upholding balance and justice. This article will…

Handling Employee Fraud:101
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Handling Employee Fraud:101

What is Employee Fraud? From a company perspective, employee fraud is commonly understood as a deliberate fabrication, which causes the victim (the employer) to suffer economic loss while allowing the perpetrator (the employee) to gain an illegitimate benefit. Common examples of employee fraud range from misappropriation of assets (e.g., stealing inventory, or obtaining fraudulent payments)…

Vessel Seizure Execution in Indonesian Law
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Vessel Seizure Execution in Indonesian Law

In addition to creating a legal relationship between parties, an agreement is further used as a means to regulate the exchange of rights and obligations of each party involved. An agreement is to be carried out properly, fairly and in proportion to the arrangements agreed upon by the parties. However, in practice, the exchange of…

Enforcement of International Arbitral Award in Indonesia
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Enforcement of International Arbitral Award in Indonesia

Arbitration as an Alternative Dispute Resolution in Indonesia The vast and rapid technological developments have impacted the world’s commercial landscape. As a result, corporations need more time-efficient, more neutral and less complicated dispute resolution alternatives. One globally used alternative is arbitration, which is frequently preferred due to its international recognition feature and an arbitral award…