Clifford Chance's (CC's) management committee received total remuneration of £18m for the 2012-13 financial year, 5% down on 12 months ago.

In 2011-12, the 16-strong committee took home £19m, representing a 10% hike compared with the previous year.

According to the magic circle firm's limited liability partnership accounts, filed with Companies House, profit available to share among members fell to £322m in 2012-13, down by 15.7% from £382m in 2011-12.