Bloomberg Q1: AZB tops M&A followed by SAM, CAM (value) and Khaitan, JSA (by count)

AZB & Partners has topped the Bloomberg M&A market review league tables for India in the first quarter of 2018. With 35 deals valued at $9.5 billion, the firm has topped both the deal volume and deal count tables for Indian M&A..Deal Volume.In second place by some distance is Shardul Amarchand Mangaldas, with 13 deals at $5.6 billion. Cyril Amarchand Mangaldas follows suit with 15 deals at $4.2 billion, followed by S&R Associates with 4 deals at $2.9 billion, and Khaitan & Co with 23 deals at $1.3 billion..The other Indian firms in the top twenty include Trilegal at 12th with 9 deals at $0.25 billion, J Sagar Associates at 13th with 17 deals at $0.22 billion and Veritas Legal at 16th with 2 deals at $0.06 billion..A host of foreign law firms figure in the list, including Shearman & Sterling LLP, Goodwin Procter LLP, Noerr LLP, Hughes Hubbard & Reed LLP, and Ropes & Gray LLP..RankFirmDeal Value (in $ billion)No. of Deals1AZB & Partners9.5352Shardul Amarchand Mangaldas5.6133Cyril Amarchand Mangaldas4.2154S&R Associates2.945Khaitan & Co1.3236Shearman Sterling0.827Goodwin Procter0.528Noerr0.4429Hughes Hubbard & Reed0.42310Ropes & Gray0.4111DLA Piper 0.4112Trilegal0.25913J Sagar Associates0.221716Veritas Legal0.062.Deal Count.In second place after AZB’s 35 deals is Khaitan & Co with 23, followed by J Sagar Associates with 17, Cyril Amarchand with 15, and Shardul Amarchand with 13..Trilegal has 9 announced deals, while S&R Associates and Jerome Merchant + Partners have 4 each. Veritas Legal and Wadia Ghandy & Co have recorded 2 deals each..RankFirmDeal Value (in $ billion)No. of Deals1AZB & Partners9.5352Khaitan & Co1.3233J Sagar Associates0.22174Cyril Amarchand Mangaldas4.2155Shardul Amarchand Mangaldas5.6136Trilegal0.2597S&R Associates2.947Jerome Merchant + Partners0.01749Hughes Hubbard & Reed0.4239Jones Day0.043–11Veritas Legal 0.06211Wadia Ghandy & Co.0.0252–.Global Impact of Indian Law Firms.AZB features in the Global Announced Deals (By Deal Count) table, with its total of 38 deals at $21.07 billion. The firm also finds mention in the league tables of UK, Europe, Asia Pacific (ex Japan), South East Asia, Hong Kong and China..Shardul Amarchand features in the Asia Pacific (ex Japan) and China M&A league tables..Khaitan & Co features in the Asia Pacific (ex Japan), South East Asia, and Hong Kong league tables..Cyril Amarchand has also made it to the Asia Pacific (ex Japan) league tables, as well as the Hong Kong league tables..Trilegal and J Sagar Associates also feature in the Asia Pacific (ex Japan) tables.