The Growing Controversy About Controversy

 CNN, Fox, Bud Light and more have been learning tough lessons about leveraging controversy for branding, rtings, revenues and profits. 

At one time skilled players in communications coudl leverage controversy as a sure bet for getting, holding and growing attention. The classic case had been the success of Winston in the 1950s through the 1970s. From the get-go the brand took the number-two spot. The magic of the campaign came from the controversial use of the ungrammatical "like" instead of "as."

That was then. 

Now both organizations and careerists have to refocus from the reward perspective to the risks involved. The kinds of risk and the penalities for betting on the wrong horse keep growing. Here is my article published in the bible of communications - O'Dwyer's PR - on how controversy has become a wild card.  

 Controveries will, of course, dominate the 2024 general election year. How the political parties and the candidates manage it could determne how effective they are in fundraising. A deep pocket is the large law firm. It's in the self-interest of a law firm to build alliances with public officials. Among the roles of Big Law lawyers is lobbyist. Will too much controversy scare off the law firms?

According to Open Secrets here are the most active in contributions:

   To Candidates and PartiesTo Outside Spending Groups
RankContributorTotal ContribsTotalDem%Repub%Total
1Dowd Bennett LLP$6,076,495$76,49554.1%30.1%$6,000,000
2American Assn for Justice$3,025,509$2,325,50997.5%2.5%$700,000
3Norris, McLaughlin & Marcus$3,008,956$8,95643.7%56.3%$3,000,000
4Kirkland & Ellis$2,845,381$2,654,53250.7%48.7%$191,094
5Akin, Gump et al$2,675,915$2,632,13666.7%33.1%$43,779
6Paul, Weiss et al$2,400,810$2,314,26082.8%17.1%$86,550
7Brownstein, Hyatt et al$1,767,805$1,751,17553.4%46.6%$16,512
8Buchanan, Ingersoll & Rooney$1,520,244$1,218,23196.7%3.2%$337,003
9Sullivan & Cromwell$1,468,810$1,450,99585.2%14.7%$17,815
10Squire Patton Boggs$1,213,842$637,33960.5%39.3%$576,453
11Greenberg Traurig LLP$1,143,314$1,135,99469.5%30.3%$7,195
12Holland & Knight$1,091,269$1,086,70056.6%43.2%$4,554
13Arnold & Porter Kaye Scholer$1,090,540$1,037,70982.1%17.3%$52,831
14Cozen O'Connor$1,088,166$1,054,63172.2%27.8%$33,535
15K&L Gates$1,072,701$1,060,42769.1%30.5%$12,274
16Latham & Watkins$1,043,824$935,97584.6%14.7%$107,849
17Power Rogers LLP$1,039,095$1,011,145100.0%0%$30,450
18DLA Piper$1,008,307$989,65079.9%19.8%$19,657
19Covington & Burling$936,554$893,59981.5%17.5%$42,450
20WilmerHale Llp$908,043$897,66292.6%6.6%$10,378



Comments

Popular posts from this blog

Kirkland & Ellis Reported to Be Building Moat Around Firm to Deter Poaching of Stars

Akin Gump Julia Ghahramani's March 2021 Cocaine+ Death - So?

Up-or-Out: McKinsey Raises the Pressure, In Contrast Some Law Firms Ease It through Nonequity Partner Tier