ALM's Legal Times Reports Influence 50 Lobbyists Broke Billion Dollar Barrier in...

ALM's Legal Times Reports Influence 50 Lobbyists Broke Billion Dollar Barrier in 2007

WASHINGTON--(Business Wire)--
ALM's Legal Times reported today that the 50 highest-grossing
lobbying practices in the country passed the $1 billion revenue mark
for the first time last year, thanks in part to strong growth in work
outside the traditional boundaries of legislative lobbying. Total
revenue for the Influence 50 was up 11 percent. Akin Gump Strauss
Hauer & Feld ranked number one on the list for the second consecutive
year, with $89.8 million in lobbying income. Patton Boggs was a close
runner-up, with $89.3 million. Analysis and a complete revenue ranking
of the Influence 50 are available at www.legaltimes.com.

Legal Times' annual Influence 50 survey shows that some of the
biggest players in the lobbying world generated multi-million dollar
increases in fees from public relations, monitoring legislative
activities, and grassroots advocacy.

"Despite all of the attacks on this industry out on the campaign
trail, the last year has been an enormously prosperous one for
lobbying practices," said David Brown, editor in chief of Legal Times.
"Judging by revenue growth over the last few years, it may not be a
stretch to say that this is the golden age of lobbying."

The Influence survey measures lobbying revenues reported to
Congress under the Lobbying Disclosure Act (LDA) and to the Justice
Department under the Foreign Agents Registration Act (FARA); and asks
firms to provide information about state-level and foreign lobbying
and other related lobbying work.

For 30 years, Legal Times has been breaking news on Washington's
law and lobbying firms, interest groups, courthouses, and federal
government. Legal Times provides award-winning coverage of Congress,
the U.S. Supreme Court, the Justice Department, and key regulatory
agencies, as well as news and advice on the business of law practice
and opinion, and analysis from leading practitioners on the major
issues of the day. Legal Times is published by ALM.

About ALM

ALM is a leading integrated media company, focused on the legal
and business communities. ALM currently owns and publishes 33 national
and regional magazines and newspapers, including The American Lawyer,
Corporate Counsel, The National Law Journal and Real Estate Forum. The
company is one of North America's largest producers of conferences and
trade shows for business leaders and the legal profession. ALM's
Law.com is the Web's leading legal news and information network, while
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book and newsletter publishing, court verdict and settlement
reporting, production of professional educational seminars, market
research and content distribution. For more information, visit
www.alm.com. ALM is an Incisive Media company.

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Peters & Feldman for ALM
Lee Feldman, 203-341-8922
lfeldman@alm.com

Copyright Business Wire 2008