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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following table provides a reconciliation of Goodwill and other intangible assets, net reported on the Consolidated Balance Sheets.
Useful LivesMarch 31, 2024March 31, 2023
GoodwillIndefinite$1,127,497 $1,087,784 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries98,897 93,917 
Total cost1,418,604 1,373,911 
Less: accumulated amortization(93,668)(82,757)
Goodwill and other intangible assets, net$1,324,936 $1,291,154 
Finite-lived Intangible Assets Amortization Expense
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,
2025$4,926 
2026— 
2027— 
2028— 
2029 and thereafter— 
Schedule of Goodwill by Business Segment
Goodwill attributable to the Company’s business segments is as follows:
April 1, 2023
Change (1)
March 31, 2024
Corporate Finance$833,254 $39,713 $872,967 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory91,715 — 91,715 
Goodwill$1,087,784 $39,713 $1,127,497 
(1)Changes pertain primarily to the acquisition of 7 Mile Advisors, LLC.