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GOODWILL AND OTHER INTANGIBLE ASSETS | 12 Months Ended
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Mar. 31, 2023
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, 2023 |  | March 31, 2022
Goodwill | Indefinite |  | $ | 1,087,784 |  |  | $ | 1,070,442 |
Tradename-Houlihan Lokey | Indefinite |  | 192,210 |  |  | 192,210 |
Other intangible assets | Varies |  | 93,917 |  |  | 92,941 |
Total cost |  |  | 1,373,911 |  |  | 1,355,593 |
Less: accumulated amortization |  |  | (82,757) |  |  | (37,818) |
Goodwill and other intangibles, net |  |  | $ | 1,291,154 |  |  | $ | 1,317,775 |
Amortization expense of approximately $44,971, $33,937, and $4,161 was recognized for finite-lived intangible assets for the years ended March 31, 2023, 2022, and 2021, 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,
2024 | $ | 9,145 |
2025 | 1,712 |
2026 | — |
2027 | — |
2028 and thereafter | — |
Goodwill attributable to the Co mpany’s business segments is as follows:
| April 1, 2022 |  | Change (1) |  | March 31, 2023
Corporate Finance | $ | 815,912 |  |  | $ | 17,342 |  |  | $ | 833,254 |
Financial Restructuring | 162,815 |  |  | — |  |  | 162,815 |
Financial and Valuation Advisory | 91,715 |  |  | — |  |  | 91,715 |
Goodwill | $ | 1,070,442 |  |  | $ | 17,342 |  |  | $ | 1,087,784 |
(1)Changes pertain primarily to the acquisition of Oakley Advisory Limited.

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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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