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GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
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Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | Goodwill and Other Intangible Assets The following table provides a reconciliation of Goodwill and other intangibles, net reported on the Consolidated Balance Sheets.
| Useful Lives |  | March 31, 2021 |  | March 31, 2020
Goodwill | Indefinite |  | $ | 671,065 |  |  | $ | 618,455 |
Tradename-Houlihan Lokey | Indefinite |  | 192,210 |  |  | 192,210 |
Other intangible assets | Varies |  | 6,809 |  |  | 10,732 |
Total cost |  |  | 870,084 |  |  | 821,397 |
Less: accumulated amortization |  |  | (3,863) |  |  | (8,553) |
Goodwill and other intangibles, net |  |  | $ | 866,221 |  |  | $ | 812,844 |
Goodwill attributable to the Co mpany’s business segments is as follows:
| April 1, 2020 |  | Change (1) |  | March 31, 2021
Corporate Finance | $ | 363,925 |  |  | $ | 52,610 |  |  | $ | 416,535 |
Financial Restructuring | 162,815 |  |  | — |  |  | 162,815 |
Financial and Valuation Advisory | 91,715 |  |  | — |  |  | 91,715 |
Goodwill | $ | 618,455 |  |  | $ | 52,610 |  |  | $ | 671,065 |
(1)Changes pertain to the acquisitions discussed in Note 1 and foreign currency translation adjustments. Amortization expense of approximately $4,161, $7,449, and $6,041 was recognized for the years ended March 31, 2021, 2020, and 2019, respectively. The estimated future amortization for finite-lived intangible assets for each of the next five years are as follows:
| Year Ended March 31,
2022 | $ | 2,207 |
2023 | 325 |
2024 | 7 |
2025 | 7 |
2026 | 7 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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