Akin Gump, Brownstein Dominate as Pandemic Fuels Federal Lobbying Uptick
The firms remained Capitol Hill's lobbying leaders in Q1, with the coronavirus helping to boost demand and revenues.
April 22, 2020 at 04:48 PM
4 minute read
While plenty of industries are reeling due to COVID-19, federal disclosures for the first quarter of 2020 confirm that Capitol Hill lobbying isn't one of them.
With the exception of Squire Patton Boggs, Big Law lobbying practices that cracked the top 10 by revenue last quarter each saw an uptick from the same period last year. For the two revenue leaders, the year-over-year gains were substantial: 31% for Akin Gump Strauss Hauer & Feld, which pulled in $12.6 million, and 25% for Brownstein, Hyatt, Farber & Schreck, with $11.5 million.
"There was some conventional wisdom coming out from last fall that suggested during a presidential election year, everything would seize up," said Brownstein partner Marc Lampkin, who leads the firm's Washington, D.C., office. "Then COVID-19 comes along and deepens the attention and focus on policy makers. It certainly created an opportunity for lobbying firms and practitioners."
Brownstein, which has been gaining ground against Akin in the lobbying race, was the revenue leader in the second quarter last year and again in the fourth quarter, though Akin led 2019 revenues overall for the seventh year in a row. The two firms have occupied the top of the rankings since 2015, when Brownstein supplanted Squire Patton Boggs at No. 2.
Squire Patton Boggs had the fourth-highest lobbying revenue in the first quarter of 2020, behind Akin, Brownstein and BGR Group. The firm, whose decade-long lobbying dominance ended in 2014, brought in $6.67 million in Q1 2020 compared to $6.47 million for the same period in 2019.
Holland & Knight, another mainstay, saw 11.5% growth year over year, bringing in $6.4 million in Q1, while the only other Big Law firm in the top 10, K&L Gates, reported $4.7 million in federal lobbying revenue last quarter, a modest rise from the same period in 2019.
A review of new registrations shows how much the pandemic changed the lobbying game last quarter, especially in March and April. New Brownstein clients, for example, included the National Retail Federation, several health care companies, the U.S. Travel Insurance Association, Wynn Resorts and Sun Country Airlines.
"In addition to our longstanding clients, more than 20 new clients hired us this quarter with a sense of urgency as they try to understand how the government's stimulus programs work," Lampkin said in a statement.
Akin's new registrations included American Cruise Lines, the National Association of Theatre Owners as well as the Southeastern Conference (SEC), reflecting the demand from entities in leisure, sports and entertainment for lobbying support.
And they have company. The hotel industry is decimated. Retail giants are closing flagship stores and succumbing to bankruptcy. Restaurants are closed and many will not open again. Manufacturing and travel both need government assistance, along with most of the country's small businesses.
Federal programs such the Paycheck Protection Program, the Main Street Lending Program and the CARES Act are all seeking to help American businesses. But virtually all of the programs were put together and implemented quickly, without the usual deliberation and input from industry groups, which are also trying to sort through and influence the shifting regulatory landscape ahead.
Infographic design by Chelsey Fredlund
|Read More
Is a Coronavirus Loan Truly a 'Loan'? Federal Judge Questions Whether Lobbyists Can Tap Relief Funds
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M
4 minute readTrump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work
Law Firms Mentioned
Trending Stories
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250