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Thursday, December 16, 2010

Lobbying firm hit hard by earmark reform
"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."

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