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Segment Reporting
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
We manage our business in five reportable segments: Corporate Finance, FLC, Economic Consulting, Technology and Strategic Communications.
Our Corporate Finance segment focuses on the strategic, operational, financial, transactional and capital needs of our clients around the world. Our clients include companies, boards of directors, investors, private equity sponsors, lenders, and other financing sources and creditor groups, as well as other parties-in-interest. We deliver a wide range of services centered around three core offerings: Business Transformation & Strategy, Transactions and Turnaround & Restructuring.
Our FLC segment provides law firms, companies, boards of directors, government entities, private equity firms and other interested parties with a multidisciplinary and independent range of services in risk and investigations and disputes, including cybersecurity, and a focus on highly regulated industries such as our Construction & Environmental Solutions and Health Solutions Services. These services are supported by our data & analytics technology-enabled solutions, which help our clients analyze large, disparate sets of data related to their business operations and support our clients during regulatory inquiries and commercial disputes. We deliver a wide range of services centered around five core offerings: Construction & Environmental Solutions, Data & Analytics, Disputes, Health Solutions and Risk and Investigations.
Our Economic Consulting segment, including subsidiary Compass Lexecon LLC, provides law firms, companies, government entities and other interested parties with analyses of complex economic issues for use in international arbitration, legal and regulatory proceedings, and strategic decision making and public policy debates around the world. We deliver a wide range of services centered around three core offerings: Antitrust & Competition Economics, Financial Economics and International Arbitration.    
Our Technology segment provides companies, law firms, private equity firms and government entities with a comprehensive global portfolio of digital insights and risk management consulting services. Our professionals help organizations better address risk as the growing volume and variety of enterprise data intersects with legal, regulatory and compliance needs. We deliver a wide range of expert solutions driven by investigations, litigation, M&A, antitrust and competition, and compliance and risk through three core offerings: Corporate Legal Department Consulting, E-discovery Services and Expertise, and Information Governance, Privacy & Security Services.
Our Strategic Communications segment develops and executes communications strategies to help management teams, boards of directors, law firms, governments and regulators manage change and mitigate risk surrounding transformational and disruptive events, including transactions, investigations, disputes, crises, regulation and legislation. We deliver a wide range of services centered around three core offerings: Corporate Reputation, Financial Communications and Public Affairs.
We evaluate the performance of our operating segments based on Adjusted Segment EBITDA, a GAAP financial measure. We define Adjusted Segment EBITDA as a segment’s share of consolidated operating income before depreciation, amortization of intangible assets, remeasurement of acquisition-related contingent consideration, special charges and goodwill impairment charges. We define Total Adjusted Segment EBITDA, which is a non-GAAP financial measure, as the total of Adjusted Segment EBITDA for all segments, which excludes unallocated corporate expenses. We use Adjusted Segment EBITDA as a basis to internally evaluate the financial performance of our segments because we believe it reflects current core operating performance and provides an indicator of the segment’s ability to generate cash.
The table below presents revenues and Adjusted Segment EBITDA for our reportable segments:
 Year Ended December 31,
 202220212020
Revenues   
Corporate Finance$1,088,573 $938,969 $910,184 
FLC638,478 584,835 500,275 
Economic Consulting695,208 697,405 599,088 
Technology319,983 287,366 223,016 
Strategic Communications286,666 267,647 228,712 
Total revenues$3,028,908 $2,776,222 $2,461,275 
Adjusted Segment EBITDA
Corporate Finance$212,437 $155,482 $216,830 
FLC65,945 72,545 33,374 
Economic Consulting103,090 117,186 91,432 
Technology46,698 55,739 43,013 
Strategic Communications50,620 54,313 38,975 
Total Adjusted Segment EBITDA$478,790 $455,265 $423,624 
The table below reconciles net income to Total Adjusted Segment EBITDA. Unallocated corporate expenses primarily include indirect costs related to centrally managed administrative functions that have not been allocated to the segments. These administrative costs include costs related to executive management, legal, corporate office support costs, information technology, accounting, marketing, human resources and company-wide business development and strategy functions.
 Year Ended December 31,
 202220212020
Net income$235,514 $234,966 $210,682 
Add back:
Income tax provision62,235 62,981 51,764 
Interest income and other(3,918)(6,193)412 
Interest expense10,047 20,294 19,805 
Unallocated corporate expenses124,830 104,457 94,463 
Segment depreciation expense32,876 31,072 29,381 
Amortization of intangible assets9,642 10,818 10,387 
Segment special charges7,564 — 6,730 
Remeasurement of acquisition-related contingent consideration— (3,130)— 
Total Adjusted Segment EBITDA$478,790 $455,265 $423,624 
The table below presents assets by reportable segment, reconciled to consolidated amounts. Segment assets primarily include accounts and notes receivable, fixed assets purchased specifically for the segment, goodwill and intangible assets.
 December 31,
 20222021
Corporate Finance$1,028,251 $927,543 
FLC475,273 445,602 
Economic Consulting540,133 554,978 
Technology211,218 206,376 
Strategic Communications205,464 214,580 
Total segment assets2,460,339 2,349,079 
Unallocated corporate assets781,068 751,830 
Total assets$3,241,407 $3,100,909 
The table below details total revenues by country. Revenues have been attributed to locations based on the location of the legal entity generating the revenues.
 Year Ended December 31,
 202220212020
U.S.$1,922,337 $1,708,673 $1,544,777 
U.K.419,197 461,354 421,125 
All other foreign countries (1)
687,374 606,195 495,373 
Total revenues$3,028,908 $2,776,222 $2,461,275 
(1) There are no countries included in these amounts that individually represented more than 10 percent of total revenues for the years ended December 31, 2022, 2021 and 2020.
We do not have a single customer that represents 10% or more of our consolidated revenues.
The table below details information on our long-lived assets, which include property and equipment, net and non-current operating lease assets, by country. Long-lived assets have been attributed to locations based on the location of the legal entity holding the assets.
 December 31,
 20222021
U.S.$237,090 $240,226 
U.K.41,343 52,208 
All other foreign countries (1)
78,797 65,724 
Total long-lived assets$357,230 $358,158 
(1) There are no countries included in these amounts that individually represented more than 10 percent of long-lived assets as of December 31, 2022 and 2021.