Freshfields Bruckhaus Deringer and Clifford Chance (CC) have both boosted salaries for their London trainees, with newly qualified (NQ) lawyers at CC also seeing total compensation increased to £91,000.

Maximum pay for CC NQs, which includes what the firm describes as a "binary" performance-based bonus, is up by more than 4% from £87,300 last year.

The firm has also raised trainee pay for both years by 4%, with first-year salaries up from £44,800 to £46,600 and second-year pay hiked from £50,500 to reach £52,500.

First-year trainees at Freshfields, meanwhile, will now be paid £45,000, a 5% increase on last year's salary of £43,000, while second-years will take home £51,000, up more than 6% from £48,000.

In December, Slaughters confirmed its trainee pay rates for this year, with first-year trainees earning £44,000 and second-years taking home £49,000.

Allen & Overy and Linklaters are yet to confirm their trainee pay scales for this year.

Freshfields' move follows a set of solid financial results for the firm, which saw revenue for 2017-18 grow 5% to reach £1.4bn, while profit per equity partner (PEP) jumped 12% to £1.7m.

CC also posted a double-digit hike PEP hike for 2017-18, rising 16% to £1.6m, while revenue climbed 5%.

Earlier this month, Taylor Wessing confirmed its trainee rates for this year would remain the same at £40,000 for first-years and £44,000 for second-years, while the firm increased NQ pay by 13% to £71,000.

Other firms to have confirmed trainee salaries for the coming year include Herbert Smith Freehills, which has held rates at last year's levels, with first-year trainees earning £44,000 and second-years taking home £48,000.