{"id":3576,"date":"2024-04-01T10:05:30","date_gmt":"2024-04-01T14:05:30","guid":{"rendered":"https:\/\/bna.content.cirrus.bloomberg.com\/bgov2023\/insights\/company-news\/bloomberg-government-releases-9th-annual-top-performing-lobbying-firms-report-unveiling-insights-into-record-breaking-federal-lobbying-expenditures\/"},"modified":"2024-04-01T15:44:53","modified_gmt":"2024-04-01T19:44:53","slug":"bloomberg-government-releases-9th-annual-top-performing-lobbying-firms-report-unveiling-insights-into-record-breaking-federal-lobbying-expenditures","status":"publish","type":[],"link":"https:\/\/bna.content.cirrus.bloomberg.com\/bgov2023\/insights\/company-news\/bloomberg-government-releases-9th-annual-top-performing-lobbying-firms-report-unveiling-insights-into-record-breaking-federal-lobbying-expenditures\/","title":{"rendered":"Bloomberg Government Releases 9th Annual Top-Performing Lobbying Firms Report, Unveiling Insights into Record-Breaking Federal Lobbying Expenditures"},"content":{"rendered":"<div  class=\"bbg-row-container\">\n    <style>section[data-anchor='row-6a073aa7a7fc7'] {\n\t\t\t\tbackground-image: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/bna\/sites\/20\/2023\/09\/Insights-Header.jpg);\n\t\t\t  }<\/style>\n    <section class=\"bbg-row bg--has-media       bg--eeeeee text--white bbg-row--full-bg-bleed\" data-anchor='row-6a073aa7a7fc7'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p>    <ul class=\"bbg-categories_list\">\n                    <li>\n                <a href=\"https:\/\/bna.content.cirrus.bloomberg.com\/bgov2023\/insights\/category\/company-news\/\" rel=\"category tag\">\n                    Company News\n                <\/a>\n            <\/li>\n            <\/ul>\n<div\n    class=\"bbg-spacer\"\n        style=\"height: 24px !important\"\n    >\n<\/div>    <h1 class=\"bbg-metadata bbg-metadata--title\">Bloomberg Government Releases 9th Annual Top-Performing Lobbying Firms Report, Unveiling Insights into Record-Breaking Federal Lobbying Expenditures<\/h1>\n<\/p>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-6a073aa7b1ba2'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n    class=\"bbg-spacer\"\n        style=\"height: 24px !important\"\n    >\n<\/div>    <p class=\"bbg-metadata bbg-metadata--date\">April 1, 2024<\/p>\n<\/p>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-6a073aa7b3934'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column bbg-column--width-8 bbg-column--offset-2\"\n    style=\"\"\n    >\n    <div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>ARLINGTON, VA <\/strong>\u2014 Bloomberg Government today released its annual comprehensive analysis of the top-performing lobbying firms. The report finds that federal lobbying reached a new high in 2023, topping $4 billion for the second consecutive year. Gains almost kept pace with inflation \u2013 a 3.1% year-over-year increase \u2013 amid the upheaval in Congress that thwarted action on many bills and culminated in two abrupt replacements of the speaker of the House.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"aligncenter wp-image-76071 size-full\" height=\"605\" src=\"https:\/\/assets.bbhub.io\/bna\/sites\/3\/2024\/04\/2024-top-lobbying-firms_5.png\" style=\"border:1px solid #000000\" width=\"1146\"\/><\/p>\n<p>Bloomberg Government analyzed Lobbying Disclosure Act reports from every firm that was registered with the Senate and House in 2023. The report focuses on the 381 firms that reported $1 million or more in revenue for the year.<\/p>\n<p>Disclosures required by law showed $4.27 billion in spending last year, up from $4.14 billion, according to a Bloomberg Government analysis.<\/p>\n<p>That 3.1% increase \u2014 just short of the 3.4% increase in the Consumer Price Index \u2014 was posted as the pace of routine legislative activity slowed and both lawmakers and the influence industry started looking ahead to the next big things, such as the looming expiration of major provisions of the 2017 Tax Cuts and Jobs Act.<\/p>\n<p>The lobbying firms reporting the most revenue remained unchanged in 2023: Brownstein Hyatt Farber Schreck, tops the list with $62.7 million, followed by Akin Gump Strauss Hauer &amp; Feld, Holland &amp; Knight, and BGR Government Affairs. Rounding out the top 10 are Cornerstone Government Affairs, Invariant, Thorn Run Partners, Capitol Counsel, Forbes Tate Partners, and Crossroads Strategies.<\/p>\n<p>\u201cNow in its ninth year, Bloomberg Government\u2019s annual analysis of the lobbying industry offers unparalleled insights into the dynamic landscape of lobbying,\u201d said Arielle Elliott, president, Bloomberg Government. \u201cAs federal lobbying spending reaches new heights, Bloomberg Government\u2019s data, analytics, and tools empower professionals to navigate this complex environment with confidence.\u201d<\/p>\n<p>The comprehensive top-performing lobbying firms report offers insights into the growth, trends, and key players in the lobbying industry, furthering Bloomberg Government\u2019s commitment to providing the most comprehensive news and analysis for government affairs professionals influencing Washington.<\/p>\n<p>To access the full report, please visit <a href=\"https:\/\/aboutbgov.com\/bdrl\">https:\/\/aboutbgov.com\/bdrl<\/a>.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-compact bbg-row--full-bg-bleed\" data-anchor='row-6a073aa7b623d'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><hr class=\"bbg-separator bbg-separator-2\" style=\"height:2px;\" \/>\n<div\n    class=\"bbg-spacer\"\n        style=\"height: 40px !important\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>About Bloomberg Government<br \/><\/strong>Bloomberg Government is a premium, subscription-based service that provides comprehensive information and analytics for professionals who interact with \u2013 or are affected by \u2013 the government. Delivering news, analytics, and data-driven decision tools, Bloomberg Government\u2019s digital workspace gives an intelligent edge to government affairs and contracting professionals. For more information or a demo, visit <a href=\"https:\/\/about.bgov.com\/\" rel=\"noopener\">Bloomberg Government.<\/a><\/p>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--sm\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>Media Contact<\/strong><br \/>If you are a member of the media, <a href=\"mailto:bjohnson@bloombergindustry.com\">send us an email<\/a> and we will be in touch with you shortly.<\/p>\n\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg Government today released its annual comprehensive analysis of the top-performing lobbying firms, which finds that federal lobbying reached a new high in 2023, topping $4 billion for the second consecutive year. <\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-press.php","format":"standard","meta":{"_yoast_wpseo_primary_category":"","footnotes":""},"categories":[12],"tags":[],"event_category":[],"series":[],"class_list":["post-3576","post","type-post","status-publish","format-standard","hentry","category-company-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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