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Friday, May 20, 2022

Denver firm sets national record in US lobbying industry

Denver-based Brownstein Hyatt Farber Schreck has set the standard for federal lobbying revenue with its fourth-quarter performance, the firm announced this week.

As of Thursday’s announcement, the firm reported $15.96 million for its fourth-quarter federal lobbying revenue for 2021 — a 29% increase compared to the same quarter in 2020 and a record in the industry. The law and lobbying firm’s total revenue for the past year was $56.25 million, a 14% jump from the firm’s excessive numbers for 2020.

“When you compete with very established firms, firms that have been lobbying for 40, 50 years, I’m very proud of the record we’ve achieved,” Norman Brownstein, the firm’s founder and president, said Friday. Said in a telephone interview. He notes that his firm opened its Washington, D.C., office in 1995, with the goal of becoming “the No. 1 bipartisan lobbying group in the country” and has helped create about 20 laws since then.

“We know exactly how the law is passed,” Brownstein said.

While K Street in Washington is generally considered the country’s haven for lobbyists, Brownstein’s firm has put Colorado on the map—and the team isn’t new to the limelight. The firm has acquired Women Inc. Listed on the magazine’s “Top 100 Law Firms for Women” and named a top lobbying firm in 2020 by the Bloomberg government.

Brownstein highlighted the importance of maintaining the firm’s Denver roots as their law and lobbying practices expanded over the years.

“I realized, even though it was more challenging, we could still do it from Denver if we had the kind of great firm that we’ve gathered,” Brownstein said. “I took it as a challenge to not only be No. 1, but to be No. 1 from Denver, Colorado.”

Mark Lampkin, chairman of Brownstein’s Department of Government Relations and managing partner of the Washington Office, described 2021 as “an extraordinary year.” He added that the factors that helped create “a frantic momentum in Washington” that we had seen before included the new administration of President Joe Biden, with infrastructure and the Build Back Better agenda topping the list of priorities, he said. They said. Lampkin said changes in power within Congress and US industries still needed COVID-19 relief.

World Nation News Deskhttps://www.worldnationnews.com
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