How do you calculate fees using the Lehman Scale

How do you calculate fees using the Lehman Scale? The classic method applies percentages bracket-by-bracket (Million Dollar Amount approach). For original Lehman on a $12 million deal: 5% × $1M + 4% × $1M + 3% × $1M + 2% × $1M + 1% × $8M = $150k + $60k = $210k total (1.75% blended). … Read more