For almost two years, the country’s most profitable law firms have watched as prized clients relocated or expanded to South Florida. They allowed the rainmakers who service those private equity firms, asset managers, and tech unicorns to work from second homes in Miami and Boca Raton. If those second homes become primary residences for the high-earning partners, firms seem unlikely to let that get in the way of making the “money printer go brrr.”

Nowadays, on the heels of King & Spalding’s recent arrival in Miami, local recruiters said they’ve discussed potential South Florida offices with Wall Street firms as well, including several of the 17 Am Law 100 firms with higher-paid equity partners and no existing Miami office.