Lobbying firm hit hard by earmark reform

POLITICO.com:

"The staff shakeup comes as the K Street institution, which helped pioneer earmark lobbying, faces a Republican House and Senate Republicans who have banned the practice.

The shifting political winds come as Cassidy’s revenue has been declining. In 2007, the firm brought in about $24.5 million, according to the Center for Responsive Politics. So far this year, revenues are only about $15.5 million."