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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Other Intangibles
The following table provides a reconciliation of Goodwill and other intangibles, net reported on the Consolidated Balance Sheets.
Useful LivesDecember 31, 2023March 31, 2023
GoodwillIndefinite$1,128,610 $1,087,784 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries99,010 93,917 
Total cost1,419,830 1,373,911 
Less: accumulated amortization(91,279)(82,757)
Goodwill and other intangibles, net$1,328,551 $1,291,154 
Schedule of Goodwill
Goodwill attributable to the Company’s business segments is as follows:
April 1, 2023
Change (1)
December 31, 2023
Corporate Finance$833,254 $40,826 $874,080 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory91,715 — 91,715 
Goodwill$1,087,784 $40,826 $1,128,610 
(1)Changes pertain primarily to the acquisition of 7 Mile Advisors, LLC. See Note 10 for additional information.
Estimated Future Amortization for Amortizable Intangible Assets
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,
Remainder of 2024$2,486 
20254,941 
2026— 
2027— 
2028 and thereafter—