Posts Tagged ‘akin gump’
Thursday, August 29th, 2013 by Vbhotla
IT STANDS TO REASON that the most comprehensive healthcare reform in nearly 50 years comes with a lot of fine print and red tape. What lobbyists and lobbying firms are discovering is that the Affordable Care Act (ACA) also generates a lot of revenue.
The Hill reports that big lobbying firms are clamoring for Obamacare veterans. Many of K Street’s largest firms, including Akin Gump, Alston & Bird, and The Glover Park Group now have someone who was involved in the creation of ACA on their rosters, as do the lobbying wings of a number of major corporations.
Why are Obamacare insiders such a hot commodity? A law with the size and scope of ACA is subject to incredibly complex regulations and fine print, so having someone on staff who can explain that to clients is invaluable to firms. Additionally, much of the law is being implemented by the agencies, which are not subject to the same level of transparency as Congress. From The Hill:
“Congress is easy to watch,” said Tim LaPira, a politics professor at James Madison University who researches the government affairs industry, “but agencies are harder to watch because their actions are often opaque.”
This is why, as The Hill notes, veterans of the Department of Health and Human Services are among the highest-paid Obamacare specialists.
But the industry experts aren’t the only ones reaping benefits from knowing the ins and outs of the act. Law firms are also yielding gains by attracting clients from the multitude of industries that will be impacted by the law’s provisions. Although lobbying revenues have been on the decline in 2013, the influx of ACA specialists should help things improve.
Because the implementation of ACA is staggered, with some provisions going into effect immediately while others trigger in 2014 and beyond, it seems clear that ACA insiders will continue to enjoy a high demand for their services. Whether they’ll be needed in three, four, ten years hence is more dubious.
Tags: affordable care act, akin gump, alston & bird, The Glover Park Group, the hill
Posted in Lobbying News | Comments Off on ACA Begets New Breed of Experts
Thursday, December 13th, 2012 by Geoffrey Lyons
“FISCAL” AND “CLIFF” may be the two most common words in Washington today behind “and” and “the,” “the” being most frequently used to furnish “the fiscal cliff.” Yet one has to plow through a lot of weeds to discover the context in which they are used or alluded to by top lobbying firms (googling “fiscal cliff” sure doesn't help). Here I've done just that:
Patton Boggs –In November, Patton Boggs released a post-election forecast of what to expect in the months and year to come. From the report: “Many Senators and Representatives recognize the irony that the best way to prevent going over the fiscal cliff this year is to cut a deal that merely creates a bigger cliff that would arrive in another six or twelve months. But doing so would at least keep us at the precipice.”
Akin, Gump – Arshi Siddiqui, a partner at Akin Gump and former aide to Nanci Pelosi, expressed some optimism in a November National Journal article: “I was happy about the rhetoric from the last meeting. Everyone realized that they needed a nice tone, and the markets responded nicely. There will be lots of up and downs before we get to a successful resolution.” By contrast, these meetings were described in the author’s terms as “Kumbaya rhetoric,” resembling “a stand-off in an old black-and-white Western movie, with two cowboys looking for the other to make the first move.”
Podesta Group – In a recent Politico article, Tony Podesta, Founder and Chairman of Podesta Group, alluded to the business opportunities the cliff presents: “This is a once in a generation opportunity to reform the tax code. Companies I would imagine will put in extra resources. There will be plenty of opportunities.”
Holland & Knight – In the same vein (a
nd in fact the same article) Rich Gold, Partner at Holland & Knight, said “it's springtime in Washington in January”—a rather candid allusion to the gains lobbying firms stand to make by year’s end.
Van Scoyoc – Jeffrey Trinca, vice president of Van Scoyoc Associates, offers a unique perspective on the cliff as a longtime Senate tax counsel. In a November Government Executive article about the administrative complications a delayed tax deal would bring to the IRS, Trinca said that “Congress is adding to the risk at IRS during the filing season.” (Now quoting from the article…) “In the “good old days,” he said, Congress would finalize tax changes by the end of November or earlier, and IRS would make the necessary program changes in its computer systems. At the end of November, officials would say “no more” and, barring new legislation, they would “pause everything and focus on load testing,” Trinca said.”
Alston & Bird – Earl Pomeroy, former North Dakota Congressman and current Senior Counsel at Alston & Bird, deems Boehner the central figure in talks: “He has got one whale of a situation on his hands.”
U.S. Chamber – Not a lobby firm but certainly a lobby spender. President and CEO of the Chamber, Tom Donahue, had this to say in an op-ed entitled “America’s Looming Fiscal Cliff”: “We must adopt a fairer, simpler tax system that lowers marginal rates, encourages economic growth, promotes competitiveness and eases compliance. We must make sensible changes to Medicare, Medicaid, Social Security and other mandatory spending programs, which make up nearly 60 percent of our budget. Reforming entitlements is essential not just to our nation’s long-term fiscal health but to the future of the programs themselves. We must reform them to keep them solvent for other generations.”
Tags: akin gump, alston & bird, jeffrey trinca, k st., lobby, lobby firm, Lobbying, lobbying firm, lobbyist, Patton Boggs, podest, Podesta Group, politico, tom donahue, Tony Podesta, U.S. Chamber, van scoyoc associates, van scyoc
Posted in Lobbying News | Comments Off on Top Lobby Firms on Fiscal Cliff
Tuesday, July 5th, 2011 by Vbhotla
The internet giant announced Friday that it will hire 12 new lobbying firms in light of recent antitrust probes against the company. Google told The Hill that Akin, Gump; Bingham; Capitol Legislative Strategies; Chesapeake Group; Crossroad Strategies; Gephardt Group; Holland & Knight; Normandy Group; Prime Policy; The First Group; The Madison Group; and the Raben Group were being retained to tell its story in Congress and the FTC.
Crowell Strategies, R.B. Murphy & Associates and the Lugar Group, which were not listed, have all registered to lobby for Google this year. Of those disclosed to The Hill, only Holland & Knight has filed an LD-1 registration.
According to Crowell Strategies‘ Lobbyists.info profile, Google is the company’s largest client, with $52,500 in income reported for last quarter to lobby on communications and copyright/patent/trademark issues. Crowell also represents Cablevision Systems Corporation, Earthlink emily deschanel pokies, DirecTV Group, Consumer Electronics Association, T-Mobile USA, and Zoom Telephonics on similar issues.
R.B. Murphy & Associates, however, represents clients on a broader range of issues, and reported <$5,000 in earnings from Google for Q1 2011. The Lugar Group, which has no reported any income as of yet, also represents a broad range of issues for its various clients. Holland & Knight, LLP, while also representing a wide array of issues, is also the largest of the firms recently registered to represent Google, with more than 1,150 attorneys in 23 offices across the U.S. and around the world and more than $19million in lobbying revenue last year, according to the firm’s Lobbyists.info profile. Holland & Knight, LLP is also the latest firm to register to lobby for Google, with a filing date of June 21.
Tags: akin gump, capitol legislative strategies, chesapeake group, communications lobbying, crossroad strategies, first group, gephardt group, Google, google lobbying, Holland & Knight, lobbying the FTC, lobbyists for google, lugar group, madison group, normandy group, prime policy, r.b. murphy & associates, raben group
Posted in Lobbying News | Comments Off on Google’s New DC Team
Friday, January 28th, 2011 by Vbhotla
There were not a tremendous amount of headlines about lobbying or lobbyists this week, but the stories that hit the press were big ones.
First, Howard Marlowe, the new president of the American League of Lobbyists, released his take on Tuesday night’s State of the Union address. And suffice it to say he was not impressed with the president’s remarks. In fact, Marlowe reported that the league “deplore[s] the inflammatory rhetoric about lobbyists,” and called the president out on several instances in which he himself has consorted with lobbyists. He also reiterated the stance that earmarks are a Constitutional right and an important part of the democratic legislative process.
Also this week, the trial of Fraser Verrusio, a former House aide who is the final conspirator charged in connection with the long-running Jack Abramoff probe, began. Opening statements took place Wednesday, and neither side mentioned the disgraced former lobbyist. Verrusio is being charged with public corruption for accepting what prosecutors are calling the “illegal gratuity” that was his ticket to the 2003 World Series. His defense lawyer, Joshua Berman, called this “a case about nothing,” because the New York trip was “a legitimate, run-of-the-mill, third party trip.”
Over the weekend, the 2010 lobbying numbers were released: last year, with the combination of stalled Congressional action in anticipation of mid-term elections and the still-slow economy, lobby shops saw a decline in the bottom line. Large firms saw booming revenue, thanks to acquisition of flailing boutique operations, but as a whole, most lobbying offices saw stagnant or declining numbers in 2010. The current Congressional climate — including uncertainty about the budget and appropriations process, and a heavy concentration of power within the regulatory agencies — have some concerned that this year may not be much better. Patton Boggs, which acquired Breaux Lott Leadership Group in July, and Akin Gump, which reported a $3 increase over 2009, remain the top earners, according to recently filed LD-203 reports.
Tags: akin gump, American League of Lobbyists, Breaux Lott, fraser verrusio, howard marlowe, Jack Abramoff, LD-203, lobbying revenue, Patton Boggs, SOTU, state of the union
Posted in Weekly Lobbying News Round-Up | Comments Off on State of Lobbying: Weekly News Round-up