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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
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, 2023December 31, 2022
Executive Search
Americas$91,740 $91,383 
Europe1,494 1,449 
Total Executive Search93,234 92,832 
On-Demand Talent109,018 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 goodwill69,444 
Impairment(7,246)
Foreign currency translation1,693 
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
AmericasEuropeAsia PacificOn-Demand TalentHeidrick ConsultingTotal
Goodwill$91,643 $24,475 $8,495 $— $— $124,613 
Accumulated impairment losses— (24,475)(8,495)— — (32,970)
Balance at December 31, 202091,643 — — — — 91,643 
BTG acquisition— — — 45,529 — 45,529 
Finland acquisition— 1,532 — — — 1,532 
Foreign currency translation(180)— — — — (180)
Balance at December 31, 202191,463 1,532 — 45,529 — 138,524 
Foreign currency translation(80)(83)— — — (163)
Balance at December 31, 202291,383 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 translation357 45 — 1,118 173 1,693 
Goodwill91,740 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, 2023December 31, 2022
Executive Search
Americas$22 $51 
Europe95 216 
Asia Pacific— 15 
Total Executive Search117 282 
On-Demand Talent17,689 6,051 
Heidrick Consulting3,036 — 
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, 2023December 31, 2022
 Weighted
Average
Life (in
years)
Gross Carrying AmountAccumulated AmortizationNet
Carrying
Amount
Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Client relationships9.9$26,195 $(11,443)$14,752 $10,720 $(6,164)$4,556 
Trade name3.05,067 (3,069)$1,998 2,406 (1,925)481 
Software3.08,629 (4,537)4,092 3,110 (1,814)1,296 
Total intangible assets7.9$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 
20255,971 
20262,525 
20271,534 
2028897 
Thereafter2,135 
Total$20,842