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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill by Segment | The Company's goodwill by segment (for the segments that had recorded goodwill) is as follows:
| December 31, 2023 |  | December 31, 2022
Executive Search |  |  |
Americas | $ | 91,740 |  |  | $ | 91,383 |
Europe | 1,494 |  |  | 1,449 |
Total Executive Search | 93,234 |  |  | 92,832 |
On-Demand Talent | 109,018 |  |  | 45,529 |
Total goodwill | $ | 202,252 |  |  | $ | 138,361 |
Schedule of Changes in Carrying Amount of Goodwill by Segment | The following table provides a reconciliation of the beginning and ending balance of Level 3 assets for the year ended December 31, 2023:
| Goodwill
Balance at December 31, 2022 | $ | 138,361 |
Acquired goodwill | 69,444 |
Impairment | (7,246) |
Foreign currency translation | 1,693 |
Balance at December 31, 2023 | $ | 202,252 |
Changes in the carrying amount of goodwill by segment for the years ended December 31, 2023, 2022, and 2021 were as follows:
| Executive Search |  |  |  |  |  |  |  |  |  |
| Americas |  | Europe |  | Asia Pacific |  |  |  |  |  | On-Demand Talent |  | Heidrick Consulting |  | Total
Goodwill | $ | 91,643 |  |  | $ | 24,475 |  |  | $ | 8,495 |  |  |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 124,613 |
Accumulated impairment losses | — |  |  | (24,475) |  |  | (8,495) |  |  |  |  |  |  | — |  |  | — |  |  | (32,970) |
Balance at December 31, 2020 | 91,643 |  |  | — |  |  | — |  |  |  |  |  |  | — |  |  | — |  |  | 91,643 |
BTG acquisition | — |  |  | — |  |  | — |  |  |  |  |  |  | 45,529 |  |  | — |  |  | 45,529 |
Finland acquisition | — |  |  | 1,532 |  |  | — |  |  |  |  |  |  | — |  |  | — |  |  | 1,532 |
Foreign currency translation | (180) |  |  | — |  |  | — |  |  |  |  |  |  | — |  |  | — |  |  | (180) |
Balance at December 31, 2021 | 91,463 |  |  | 1,532 |  |  | — |  |  |  |  |  |  | 45,529 |  |  | — |  |  | 138,524 |
Foreign currency translation | (80) |  |  | (83) |  |  | — |  |  |  |  |  |  | — |  |  | — |  |  | (163) |
Balance at December 31, 2022 | 91,383 |  |  | 1,449 |  |  | — |  |  |  |  |  |  | 45,529 |  |  | — |  |  | 138,361 |
Atreus acquisition | — |  |  | — |  |  | — |  |  |  |  |  |  | 62,371 |  |  | — |  |  | 62,371 |
businessfourzero acquisition | — |  |  | — |  |  | — |  |  |  |  |  |  | — |  |  | 7,073 |  |  | 7,073 |
Impairment | — |  |  | — |  |  | — |  |  |  |  |  |  | — |  |  | (7,246) |  |  | (7,246) |
Foreign currency translation | 357 |  |  | 45 |  |  | — |  |  |  |  |  |  | 1,118 |  |  | 173 |  |  | 1,693 |
Goodwill | 91,740 |  |  | 25,969 |  |  | 8,495 |  |  |  |  |  |  | 109,018 |  |  | 7,246 |  |  | 242,468 |
Accumulated impairment losses | — |  |  | (24,475) |  |  | (8,495) |  |  |  |  |  |  | — |  |  | (7,246) |  |  | (40,216) |
Balance at December 31, 2023 | $ | 91,740 |  |  | $ | 1,494 |  |  | $ | — |  |  |  |  |  |  | $ | 109,018 |  |  | $ | — |  |  | $ | 202,252 |
Schedule of Indefinite-Lived Intangible Assets | The Company’s other intangible assets, net by segment, are as follows:
|  | December 31, 2023 |  | December 31, 2022
Executive Search |  |  |  |
Americas |  | $ | 22 |  |  | $ | 51 |
Europe |  | 95 |  |  | 216 |
Asia Pacific |  | — |  |  | 15 |
Total Executive Search |  | 117 |  |  | 282 |
On-Demand Talent |  | 17,689 |  |  | 6,051 |
Heidrick Consulting |  | 3,036 |  |  | — |
Total other intangible assets, net |  | $ | 20,842 |  |  | $ | 6,333 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The carrying amount of amortizable intangible assets and the related accumulated amortization were as follows:
|  |  |  | December 31, 2023 |  | December 31, 2022
|  | Weighted Average Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Client relationships |  | 9.9 |  | $ | 26,195 |  |  | $ | (11,443) |  |  | $ | 14,752 |  |  | $ | 10,720 |  |  | $ | (6,164) |  |  | $ | 4,556 |
Trade name |  | 3.0 |  | 5,067 |  |  | (3,069) |  |  | $ | 1,998 |  |  | 2,406 |  |  | (1,925) |  |  | 481 |
Software |  | 3.0 |  | 8,629 |  |  | (4,537) |  |  | 4,092 |  |  | 3,110 |  |  | (1,814) |  |  | 1,296 |
Total intangible assets |  | 7.9 |  | $ | 39,891 |  |  | $ | (19,049) |  |  | $ | 20,842 |  |  | $ | 16,236 |  |  | $ | (9,903) |  |  | $ | 6,333 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The Company's estimated future amortization expense related to intangible assets as of December 31, 2023, for the years ended December 31, is as follows:
2024 | $ | 7,780 |
2025 | 5,971 |
2026 | 2,525 |
2027 | 1,534 |
2028 | 897 |
Thereafter | 2,135 |
Total | $ | 20,842 |

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