Rising rents, an influx of hedge funds and tech companies, and a housing shortage could only mean one thing: a boon for Florida’s economy. It is estimated nearly 1,000 people move to Florida every day, with that number set to rise as population growth ramps up post-COVID.

Mark Raymond, managing partner of Nelson Mullins’ Miami office, spoke with the Daily Business Review about what this growth means for the firm and Florida’s legal landscape. He said the recent migration of high-net-worth people to Florida has benefitted the firm’s real estate and trusts and estates practices.

“These individuals face complex challenges in both the short- and long-term, if they are to maximize the benefits of Florida’s benign tax landscape. We have been fortunate to receive many referrals from out-of-state firms that know we will ensure their clients are well taken care of,” Raymond told the Daily Business Review.

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