The lobbying industry has seen a significant surge in business since President Donald Trump’s election, with firms closely tied to the administration adding a plethora of new clients. This boom in business has been particularly beneficial for firms with connections to key members of Trump’s administration, as companies and organizations clamor for access to the new administration.
One such firm that has reaped the rewards of Trump’s election is Ballard Partners, led by fundraiser Brian Ballard. With key members of Trump’s administration, such as chief of staff Susie Wiles and attorney general-designate Pam Bondi, as alums, Ballard Partners has seen a remarkable influx of new clients. Some of the notable additions to their client list include Paramount Studios, Bayer, Chevron, Harvard University, and crypto firms like Blockchain.com and Ripple Labs.
Similarly, Miller Strategies, founded by Jeff Miller, who served as one of the finance chairs for Trump’s inauguration, has also seen a surge in new clients. The firm has signed 21 new clients since the election, including the Edison Electric Institute, Uber, Ebay, and Palantir. This growth has resulted in a 37% increase in revenue for Miller Strategies in the final quarter of 2024.
Mercury Public Affairs, where Susie Wiles served as co-chair, has added 16 new lobbying clients since the election. The firm reported a significant increase in lobbying revenue in 2024, with a 26% increase from the previous year. Continental Strategy, launched by Trump adviser Carlos Trujillo, has also seen a boom in new clients post-election, including Hims & Hers, the Geo Group, and Google Cloud.
CGCN Group, an all-Republican firm with former Trump White House aides on staff, has experienced a surge in business as well. The firm reported a 28% increase in lobbying revenue in 2024, with $9.7 million in total revenue. On the other hand, firms linked to former President Joe Biden have seen a decline in business, with some losing clients and reporting decreases in revenue.
Overall, the lobbying industry has witnessed a shift in fortunes following Trump’s election, with firms closely tied to the new administration seeing a significant uptick in business. As the landscape continues to evolve, it will be interesting to see how these firms navigate the changing political climate and continue to attract new clients in the coming months.