Course and condition specific wedges may be a strategy you want to consider. Tight lies, hard turf, and firm bunkers suggest low bounce wedges. Soft turf, fluffy lies, and soft sand call for more bounce. I doubt weâll ever know what the bounce or grind was on the wedge Tiger used on Oakmontâs third hole yesterday.
Definition - What does Fixed Success Fee mean? Fixed success fees are a predetermined amount for the work performed by an investment banker or M&A advisor to complete a transactions. Fixed success fees may be appropriate in situations where the banker can estimate the total amount of work (or hours) that will be required to complete the engagement.
For most cases, success fees are now as follows: 1  CFAs signed before 1 August 2001 â a band up to 20 per cent; 2  CFAs signed after 1 August 2001 â 5 per cent; 3  Accidents after October 2003 â 12.5 per cent (100 per cent for trials); 4  CFAs on older cases signed after December 2004 - 12.5 per cent/100 per cent.