Clifford Chance has announced pay raises of just over 4 percent for its junior lawyers, bringing the U.K. giant broadly into line with Magic Circle rivals Linklaters and Freshfields Bruckhaus Deringer.

Pay for newly qualified lawyers (NQs) at the firm is increasing from 63,500 pounds ($124,100) to a new mark of 66,600 pounds ($130,200) — equal to what Linklaters pays its NQs and just above the 66,000 pounds ($129,000) on offer at Freshfields.

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