Old World style - New World ease!
In blender, combine 3 egg yolks, salt and pepper.
Remove blender cap and slowly pour in 1/2 of the clarified butter in a thin stream while blender is operating.
Add Lemon juice, mix.
Add remaining clarified butter in a slow stream while blender is operating.
Add 1 T. of warm water at a time to bring the sauce to desired consistency. Continue to mix until the correct consistency is reached.
Taste and adjust seasonings as necessary.