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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 9 Months Ended
Dec. 31, 2024
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, 2024March 31, 2024
GoodwillIndefinite$1,280,304 $1,127,497 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries133,178 98,897 
Total cost1,605,692 1,418,604 
Less: accumulated amortization(103,275)(93,668)
Goodwill and other intangibles, net$1,502,417 $1,324,936 
Schedule of Goodwill
Goodwill attributable to the Company’s business segments is as follows:
April 1, 2024ChangeDecember 31, 2024
Corporate Finance (1)
$872,967 $141,109 $1,014,076 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory (2)
91,715 11,698 103,413 
Goodwill$1,127,497 $152,807 $1,280,304 
(1)Change pertains primarily to the acquisition of Waller Helms Advisors LLC and Triago.
(2)Change pertains to the acquisition of Prytania Solutions Ltd.
Estimated Future Amortization for Amortizable Intangible Assets
The estimated future amortization for finite-lived intangible assets for each of the next five fiscal years and thereafter are as follows:
Year Ending
March 31,
Remainder of 2025$9,504 
202613,699 
2027709 
2028709 
2029 and thereafter4,978