I'm reading "The Accidental Investment Banker" right now, and the author mentions using the Lehman Pricing Formula for investment banking fees while he was in the business. I've heard about this in other readings I have done as well.
Is this still used in practice? Does it vary based on a case by case basis? I've heard about the "double" Lehman formula as well.
| +273 | Looking to raise a Billion Dollar Fund - College Junior | 41 | 5h | |
| +215 | It doesn’t need to be this way | 30 | 3h | |
| +145 | What to expect during your IB summer internship and how to secure the full-time offer | 7 | 22m | |
| +136 | Career Bankers, Was It Worth It? | 45 | 3h | |
| +134 | Biggest gripe in IB: people with no balls | 37 | 6h | |
| +83 | RBC M&A vs PJT RSSG | 14 | 2d | |
| +81 | I FINALLY DID IT, I GOT A FT OFFER! | 14 | 8h | |
| +66 | Vanderbilt ($$$) / Northwestern ($$$) vs UF ($) | 36 | 4h | |
| +66 | MD Can’t Unplug | 20 | 36m | |
| +63 | Did I mess up by correcting my VP Publicly? | 20 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
http://64.233.167.104/search?q=cache:w1vJxnvDhgIJ:www.msilimited.com/Do…
Yeah. I have read that stuff before, but was wondering how much of it is used in practice and at other firms besides LB. I'll assume that it is widely utilized though, based on your response.
In my experience bankers just take as much as they think they should/can get. Obviously the % is going to be smaller on larger deals, but it really depends on level of relationship, product, involvement etc.
Thanks.
Dolorem minima quia deserunt nisi necessitatibus placeat saepe. Tempora voluptatem animi ab ut pariatur animi. Dignissimos odit amet corporis.
Voluptatum magni voluptas omnis omnis eveniet velit qui. Similique amet non quas quos accusantium dolores. Aut incidunt in asperiores error recusandae.
Qui asperiores laudantium eligendi autem consectetur qui. Explicabo deserunt minima neque sed ut ducimus. Rerum optio in placeat tenetur odio.
Voluptas aliquam maiores eius velit voluptate suscipit et unde. Enim ad ipsam fuga deleniti. Libero placeat mollitia dolorem dolor odio consequatur omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...