London-based Slaughter and May has marginally increased its associate salaries as of this month after delaying its biannual pay review due to recent public holidays.

The firm, the first of the magic circle to announce its 2011 salaries, has opted for modest increases of between 1.5 percent and 3 percent for junior associates. Rates for trainees and newly-qualified lawyers remain unchanged; however, all lawyers will also continue to move through the lockstep as normal.