The latest Mergermarket league tables reveal that first quarter of 2017 recorded the highest Q1 deal value for India since 2011. A large portion of the $18.3 billion comes from the landmark Vodafone-Idea deal, which is worth $12.7 billion. This is the largest deal conducted by an Indian company on record, surpassing Tata Steel’s US$ 11.9bn takeover of Corus Plc..M&A League Tables.AZB & Partners and Shardul Amarchand Mangaldas dominated both the deal value and deal count tables, with 14 deals at $14.2 billion and 7 deals at $13.1 billion respectively..Deal Value.S&R Associates, Bharucha & Partners and Vaish Associates, the other law firms involved in the Vodafone-Idea deal, also make it in the top five. The other Indian law firms in the list include Trilegal with 4 deals at $0.3 billion, Nishith Desai Associates with 4 deals at $0.29 billion, Veritas Legal with 1 deal at $0.25 billion and Cyril Amarchand Mangaldas with a single deal at $0.24 billion..The international law firms in the list include Slaughter & May, Borenius Attorneys, White & Case, Allen & Overy, Bryan Cave and Locke Lord..RankFirmDeal Value ($ billion)Deal Count1AZB & Partners14.3142Shardul Amarchand Mangaldas13.173Slaughter & May12.824S&R Associates12.725Bharucha & Partners12.715Vaish Associates12.717Borenius Attorneys0.717White & Case0.719Trilegal0.4410Nishith Desai Associates0.3411Veritas Legal0.25112Cyril Amarchand Mangaldas0.24413Allen & Overy0.2114Bryan Cave0.17114Locke Lord0.171.Deal Count.Following AZB & SAM, Khaitan is third with 7 deals, followed by Trilegal, NDA, CAM and JSA with 4 deals each. A host of law firms, including Luthra & Luthra and BMR Legal, are tied with 2 deals each..RankFirmDeal Value ($ billion)Deal Count1AZB & Partners14.3142Shardul Amarchand Mangaldas13.173Khaitan & Co.0.1374Trilegal0.445Nishith Desai Associates0.346Cyril Amarchand Mangaldas0.2447JSA0.1548Slaughter & May12.829S&R Associates12.7210Luthra & Luthra0.1211BMR Legal0.09212Greenberg Traurig0.09213Spice Route Legal0.08214HSA Advocates0.07214IndusLaw0.072.AZB and SAM also feature in the Asia-Pacific (ex-Japan) league table by value, along with S&R, Bharucha and Vaish. The two firms also find mention in the UK deal value table and in the Asia Pacific (ex-Japan) deal count tables..PE Deals.With a total value of $0.34 billion from 5 deals, AZB makes it to the PE buyout and exits table for Asia Pacific. Khaitan also made it to this table, with 3 deals at $0.02 billion. SAM had 1 deal at $0.25 billion, making it to the Asia-Pacific buyouts table.