“You don’t say never, but certainly I have no intention of doing so,” said former Sen. Bob Bennett (R-Utah). “I am much more comfortable, at my age, letting the younger people run up on the Hill, and I will do policy advising.”
But the aversion to registering as a lobbyist doesn’t mean that Bennett and others won’t play an influential role on K Street. Many former members, working as advisers and consultants at their new firms, will work on campaigns to influence Congress.
Not registering as a lobbyist has distinct advantages for former lawmakers. It allows them a chance to escape the stigma attached to moving from Congress to advocacy, and they are not required to disclose their client list to the public. "
K Street’s freshmen shun lobbyist tag
TheHill.com: