In 15 closed in-house searches in Amsterdam over 36 months, Sartori's mandate telemetry shows 11 offers went to lawyers already inside a Dutch fund or administrator legal team.
Conversion files now dominate this in-house desk. After ABP's board accepted the WTP opdracht on 5 November 2025 and took a supplementary opdrachtaanvaarding on 2 July 2026, DNB issued the invaarbeschikking on 10 July 2026. Fund in-house counsel still owns evenwichtige belangenafweging under DNB voorschriften, the AFM communicatieplan, provisional member overviews by 30 November 2026, and a final go or no-go before 1 January 2027. Administrator in-house counsel owns the PvS stack, data quality, under-outsourcing and ISAE or Standaard 3402 redesign. AFM reported in 2026 that 24 communication plans from late 2025 still omitted statutory items: 63 percent missed the peildatum and 54 percent of messages were not evenwichtig. A chief legal officer at a pension administrator said the seat needed someone who had already lived through an invaren wave.
Of 250 interviews, Sartori found 68 involved lawyers who had moved from private-practice pension desks in the previous three years. Adjacent feeders are APG Asset Management financial-markets counsel, fund execution-oversight seats, and the AFM's Amsterdam pensions team, which is a regulator seat, not fund counsel. On 9 September 2026, APG's Staff and Support page listed no legal vacancies. Our 15 files still filled in 8 to 16 weeks because the bench already sits inside Wave 2 administrators and Wave 3 funds.