I had the chance recently to moderate a discussion with firm leaders in Washington—a conversation notable for its lack of grousing about the future of regulatory work, in spite of gloomy forecasts of continuing gridlock on Capitol Hill.

The panel, part of The National Law Journal’s Regulatory Summit in December, included Alice Fisher, managing partner in Washington for Latham & Watkins; Anthony Pierce, Washington managing partner for Akin Gump Strauss Hauer & Feld; Steve Immelt, CEO of Hogan Lovells; and Mark Katz, chairman of Arent Fox. Overall, the group saw a sunny year ahead for regulatory practices, after a solid 2014. “You tend to see dips in regulatory practices, depending on what’s going on in Washington,” Fisher said. In 2014, “we didn’t really see that.”.