DC Lobbying Firms Struggling at the Beginning of the Year

Boom left wanting

What K Street had hoped would be a boom year is starting out as a bust.

Revenue was either down or flat at many of Washington's leading lobby firms at the start of 2013 despite the arrival of a new Congress and a fresh legislative agenda from President Obama. 

Industry king Patton Boggs reported a decline of nearly $2 million in its lobbying revenue, a sharp and stunning drop that called into question the industry's bullish outlook for the year.