COST-SAVING INITIATIVES (Tables)

3 Months Ended

Mar. 31, 2025

Restructuring and Related Activities [Abstract]

Schedule of Activities Related to Cost Savings Initiatives

Expenses and losses associated with the cost-saving initiatives for the three month period ended March 31, 2024 consisted of the following:

	Three Months Ended March 31, 2024
	Financial Advisory		Asset Management		Corporate		Total
Severance and other employee    termination expenses (included    in "compensation and benefits"    expense)	$	32,773	$	11,545	$	2,292	$	46,610
Other	708		14		1,397		2,119
Total	$	33,481	$	11,559	$	3,689	$	48,729

Activity related to the obligations pursuant to the cost-saving initiatives during the three month period ended March 31, 2025 was as follows:

	Accrued Compensation and Benefits
Balance, January 1, 2025	$	6,268
Less:
Foreign currency translation and other adjustments	(11)
Payments and settlements	4,418
Balance, March 31, 2025	$	1,861