Linklaters has increased salaries for its newly-qualified associates by 7.5%, hitting new heights for junior pay among the U.K.’s elite Magic Circle U.K. firms.

The firm is set to pay its NQs £107,500 as well as a discretionary bonus, up from a figure of £100,000 which had put it on a par with key rivals Clifford Chance, Freshfields Bruckhaus Deringer, Allen & Overy and Slaughter and May.