Brownstein, Akin vie for top lobby spot amid D.C. spending push

1
  • Brownstein Hyatt took in $13.89 million in Q3 lobbying income, forward of rival Akin Gump
  • Akin Gump accomplice cited infrastructure, price range reconciliation invoice as drivers

The firm and legislation agency names proven above are generated mechanically primarily based on the textual content of the article. We are bettering this characteristic as we proceed to check and develop in beta. We welcome suggestions, which you’ll be able to present utilizing the suggestions tab on the correct of the web page.

(Reuters) – Brownstein Hyatt Farber Schreck stated Wednesday it took in $13.89 million in federal lobbying income within the third quarter, placing the agency heading in the right direction – barely – to unseat U.S. lobbying chief Akin Gump Strauss Hauer & Feld this 12 months.

So far in 2021, Brownstein’s federal lobbying revenues stand at $40.29 million to Akin Gump’s $39.85 million, based on Lobbying Disclosure Act information offered by the companies. The two have been taking part in quarterly leapfrog because the second quarter of 2019, when Denver-based Brownstein first edged out its bigger rival.

Akin Gump has led the annual income rankings since 2014, when it supplanted Patton Boggs (now Squire Patton Boggs) because the top federal lobby store. It reported income of $13.6 million for the final quarter.

The change in administrations and new spending priorities for the Biden White House have helped gasoline a lobbying increase this 12 months. “The infrastructure bill and the Democrats’ reconciliation spending bill drove a great deal of this activity, while other areas, such as tax, trade and health policy, remained front and center,” Akin Gump accomplice Brian Pomper stated in an announcement.

Akin Gump’s top particular person purchasers this 12 months have included Gila River Indian Community, which employed the agency to lobby on tribal land issues, playing and different points. It additionally represents numerous tech corporations together with ZTE Corp, Qualcomm Inc. and Lyft Inc.

Brownstein’s greatest shopper thus far this 12 months, Athene Holding Ltd, turned to the agency to lobby on insurance coverage regulatory issues. Brownstein additionally counts as purchasers funding administration companies together with Apollo Global Management and Ares Management, in addition to Chinese tech large Tencent Holdings Ltd.

“We continue to work on multiple history-making spending packages for our clients,” Marc Lampkin, managing accomplice of Brownstein’s Washington, D.C., workplace, stated in an announcement, citing the agency’s “bipartisan approach.”

Other legislation agency lobbying arms reported income development within the third quarter. Squire Patton Boggs income for the third quarter grew 9% to $6.2 million, the agency stated. Ok&L Gates’ Q3 income was $5.4 million, its finest quarter so far, based on the agency.

Read extra:

Brownstein extends lobby lead over Akin Gump, with $14 mln in Q2

Brownstein bests Akin Gump in Q1 lobbying income as COVID invoice showered companies with money

Xiumei Dong

Xiumei Dong covers authorized business news, with a deal with legislation agency technique and development, in-house counsel and the Washington, D.C., authorized market. Reach her at Xiumei.Dong@thomsonreuters.com.

Signage is seen outside of the law firm Akin Gump Strauss Hauer & Feld LLP in Washington, D.C., U.S., U.S., August 30, 2020. REUTERS/Andrew Kelly