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GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
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Mar. 31, 2022
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, 2022 |  | March 31, 2021
Goodwill | Indefinite |  | $ | 1,070,442 |  |  | $ | 671,065 |
Tradename-Houlihan Lokey | Indefinite |  | 192,210 |  |  | 192,210 |
Other intangible assets | Varies |  | 92,941 |  |  | 6,809 |
Total cost |  |  | 1,355,593 |  |  | 870,084 |
Less: accumulated amortization |  |  | (37,818) |  |  | (3,863) |
Goodwill and other intangibles, net |  |  | $ | 1,317,775 |  |  | $ | 866,221 |
Amortization expense of approximately $33,937, $4,161, and $7,449 was recognized for finite-lived intangible assets for the years ended March 31, 2022, 2021, and 2020, respectively. The estimated future amortization for finite-lived intangible assets for each of the next five years and thereafter are as follows:
| Year Ended March 31,
2023 | $ | 45,014 |
2024 | 7,985 |
2025 | 1,820 |
2026 | — |
2027 and thereafter | — |
Goodwill attributable to the Co mpany’s business segments is as follows:
| April 1, 2021 |  | Change (1) |  | March 31, 2022
Corporate Finance | $ | 416,535 |  |  | $ | 399,377 |  |  | $ | 815,912 |
Financial Restructuring | 162,815 |  |  | — |  |  | 162,815 |
Financial and Valuation Advisory | 91,715 |  |  | — |  |  | 91,715 |
Goodwill | $ | 671,065 |  |  | $ | 399,377 |  |  | $ | 1,070,442 |
(1)Changes pertain primarily to the acquisition of GCA Corporation and to a small extent, foreign currency translation. See Note 19 for additional information.

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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 https://asc.fasb.org/topic&trid=2144416 + Details
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