K Street Continues to Grow:
Patton Boggs reigns supreme as the leading lobby shop in Washington after the early returns on end-of-year lobbying disclosure forms came in. The Hill newspaper has a round-up of the top lobby shops and the biggest growing shops. Patton Boggs jumped from $31 million in income in 2004 to $37 million and “[r]oughly half of firms that fell in the top 25 a year ago reported rising revenues in 2005.” Perhaps “2005 could wind up being a high-water mark for the lobbying industry,” with the intense scrutiny on the practice in the media and Congress but, “lobbyists said that so far their business hasn’t suffered under the intense spotlight, as both retainers and client lists are continuing to grow.”