- Brownstein Hyatt Farber Schreck acquired $15.2 million in lobbyist earnings throughout the second quarter of 2022
- Lobbyists say they’re making ready for a doable transition of energy in Congress
(Reuters) – Regulation agency Brownstein Hyatt-Farber Companion mentioned on Wednesday it introduced in additional than $15.2 million in lobbyist income throughout the second quarter of this yr, maintaining its dividend forward of high rival Akin Soar Strauss Hauer & Subject.
Brownstein’s lobbying income elevated $1.36 million within the fourth quarter in comparison with the second quarter of final yr. It has generated roughly $30.4 million in lobbying income thus far this yr.
Akin Gump, one other legislation agency with lobbying, mentioned Wednesday that it earned $12.8 million within the second quarter, totaling $25.8 million thus far this yr. It had introduced attaining $13.5 million for the second quarter of final yr.
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Brownstein and Akin Gump often high the record of high stressers. Brownstein introduced final yr {that a} whole of $56.25 million was taken from lobbyists, whereas Akin Soar mentioned he took $53.4 million in lobbyist income in 2021.
Lobbying income remained largely flat throughout the first quarter, in line with Lobbyist Disclosure Act knowledge supplied Wednesday by a number of massive Washington, D.C. lobbying practices. Some company practices reported extra earnings within the second quarter than within the first.
Mark Lampkin, managing accomplice of Brownstein’s Washington, D.C. workplace, mentioned in an announcement that the corporate is targeted on points resembling taxation and well being care. Within the coming months, he mentioned, the corporate will give attention to end-of-year federal spending payments, Protection Division funding and “making ready for a doable transition in Congress.”
Lobbyist information present that Brownstein’s shoppers embrace Exxon Mobil Corp, FedEx Corp, Merck & Co, Johnson & Johnson and Basic Motors Co.
Akin Gump accomplice Brian Bomber cited tax, local weather, and healthcare coverage points within the Construct Higher Act as partly driving the corporate’s work, in addition to commerce and different subjects associated to a invoice geared toward rising competitiveness with China within the semiconductor trade.
The US Senate voted on Tuesday to maneuver ahead with a watered-down model of that laws.
“We anticipate to stay very lively on quite a lot of these similar points at the same time as we method the elections this fall,” Bomber mentioned.
Akin Gump’s shoppers embrace Amazon.com Inc, American Airways Inc, BlackRock Inc, Raytheon Applied sciences Corp, Qualcomm Inc and Pfizer Inc, in line with lobbyist information.
Lobbying income tends to say no in election years, however leaders of highly effective lobbyists say the upcoming midterm elections present one other space for motion, as shoppers surprise what a possible change within the events that management Congress may imply for them.
Paul Steamers, co-head of lobbying at Ok&L Gates, mentioned the corporate is working with shoppers on election-related points “together with a possible shift” in subjects that Congress may examine. Ok&L Gates mentioned it earned $5.4 million within the second quarter, in comparison with $5.2 million in the identical interval in 2021.
Holland & Knight, one other legislation agency that has lobbying, reported income of greater than $10.6 million within the second quarter, a rise of $2 million from the identical quarter final yr. Squire Patton Boggs reported incomes $6.8 million, a rise of greater than $1 million in comparison with the second quarter of 2021.
Covington & Burling reported income of simply over $4 million from lobbyists, just under the $4.2 million it generated within the second quarter of 2021.
Learn extra:
Brownstein stays forward as lobbyists within the capital report a robust quarter
Lobbyists see Congress busy, sanctions slash mid-term spending
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