Ballard Spahr chairman Mark Stewart said he expected his firm to grow revenue between 3 and 6 percent. For Ballard Spahr, litigation has not been as soft as other firms have experienced and M&A work has not been as strong as others have seen, Stewart said.

He said the firm was monitoring the litigation climate for 2016, however. On the whole, demand increases have been "flat to modest" for Ballard Spahr, Stewart said.

Stewart pointed to one thing that will impact firms' financials to a degree this year and even more so next year, and that was the increases in first-year salaries many Pennsylvania firms implemented this September.


Mark Stewart