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

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

The corporate and legislation agency names proven above are generated routinely primarily based on the textual content of the article. We’re enhancing 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 proper 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 on target – barely – to unseat U.S. lobbying chief Akin Gump Strauss Hauer & Feld this yr.

Up to now in 2021, Brownstein’s federal lobbying revenues stand at $40.29 million to Akin Gump’s $39.85 million, in accordance with Lobbying Disclosure Act knowledge offered by the corporations. The 2 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 Home have helped gasoline a lobbying increase this yr. “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 yr have included Gila River Indian Group, which employed the agency to lobby on tribal land issues, playing and different points. It additionally represents a variety of tech corporations together with ZTE Corp, Qualcomm Inc. and Lyft Inc.

Brownstein’s largest shopper thus far this yr, Athene Holding Ltd, turned to the agency to lobby on insurance coverage regulatory issues. Brownstein additionally counts as purchasers funding administration corporations together with Apollo World Administration and Ares Administration, in addition to Chinese language 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.”

Different legislation agency lobbying arms reported income development within the third quarter. Holland & Knight stated it generated $9.34 million, a ten% improve from final quarter. Squire Patton Boggs stated its income grew 9% to $6.2 million. Ok&L Gates reported Q3 income of $5.4 million, its finest quarter up to now, in accordance with the agency. Covington & Burling stated it introduced in $3.67 million, down 14% from final quarter.

(Observe: This story has been up to date to incorporate third quarter income for Holland & Knight and Covington & Burling.)

Learn 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 corporations with money

Xiumei Dong

Xiumei Dong covers authorized business information, with a deal with legislation agency technique and development, in-house counsel and the Washington, D.C., authorized market. Attain her at [email protected]