Michael Best Strategies was honored today in Bloomberg Government’s 2020 Top-Performing Lobbying Firms, earning specific attention for year-over-year revenue growth.
With revenue increasing by $2.9 million in 2020, Michael Best Strategies placed in the top 10 firms with the largest revenue increases, third with the highest revenue growth, and sixth with the highest accretive growth in average revenue per client at 71 percent. The firm ranked in the top 25th percentile in the overall report, which highlights more than 300 firms that generated $1 million or more in lobbying revenue and other criteria, including average revenue per client, short- and long-term customer retention rates, and revenue per registered lobbyist.
“Making the list of top lobbying firms – and being noted for our strong 2020 financial performance amidst a global pandemic – is a tremendous achievement,” said Rob Marchant, President of Michael Best Strategies. “We have an exceptional team of government affairs and policy experts with an impressive expertise that spans a wide array of industries. This honor and our success more broadly is due entirely to their hard work and skills. I couldn’t be prouder of this team and what we’re continuing to build.”
“This recognition is indicative of the talented group we’ve assembled here with years of collective experience working at various federal and state agencies, high-level branches of government, White House administrations, and industry trade groups,” said Denise Bode, Partner & Lead of Michael Best Strategies’ Federal Practice. “We are grateful to our clients who have entrusted in us the most important and complex challenges they face. This recognition is as much about them as it is us.”
The Bloomberg Government report looks at the 2,095 registered lobbying firms that filed Lobbying Disclosure Act reports with the U.S. Senate in 2020. The full report is available for download here.