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COST-SAVING INITIATIVES
 9 Months Ended
Sep. 30, 2023
Restructuring and Related Activities [Abstract]  
COST-SAVING INITIATIVES COST-SAVING INITIATIVES
The Company is conducting firm-wide cost-saving initiatives over the course of 2023.
Expenses and losses associated with the cost-saving initiatives for the three month and nine month periods ended September 30, 2023 consisted of the following:
Three Months Ended September 30, 2023
Financial AdvisoryAsset ManagementCorporateTotal
Severance and other employee
   termination expenses (included
   in "compensation and benefits"
   expense)		$(21)$4,190 $4,772 $8,941 
Technology asset impairments
   (included in "technology and
   information services")		56 515 - 571 
Foreign exchange related losses
   associated with closing
   of certain offices (included in
   "revenue-other")		2,164 - 2,483 4,647 
Other1,478 28 42 1,548 
Total$3,677 $4,733 $7,297 $15,707 
Nine Months Ended September 30, 2023
Financial AdvisoryAsset ManagementCorporateTotal
Severance and other employee
   termination expenses (included
   in "compensation and benefits"
   expense)		$90,022 $44,958 $31,309 $166,289 
Technology asset impairments
   (included in "technology and
   information services")		144 7,812 - 7,956 
Foreign exchange related losses
   associated with closing
   of certain offices (included in
   "revenue-other")		2,164 - 2,483 4,647 
Other2,000 308 1,952 4,260 
Total$94,330 $53,078 $35,744 $183,152 

Activity related to the obligations pursuant to the cost-saving initiatives during the nine month period ended September 30, 2023 was as follows:
Accrued Compensation and BenefitsOther Total
Balance, January 1, 2023$- $- $- 
Total expenses166,289 16,863 183,152 
Less:
Noncash expenses (a)31,073 10,726 41,799 
Payments and settlements73,511 4,834 78,345 
Balance, September 30, 2023$61,705 $1,303 $63,008 
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(a)Noncash expenses reflected in “accrued compensation and benefits” activity principally represents accelerated amortization of deferred incentive compensation awards. Noncash expenses reflected in “other” activity principally relates to technology asset impairments and certain foreign exchange related losses.