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  "documentTitle": "Houlihan Lokey | Investor Presentation Deck | 33 slides",
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      "text": "1. Tenured Management Team: Over 30-year average tenure of Management Team\n2. High Retention: 12-year average tenure of Managing Directors across all business segments\n3. Strong Loyalty: More than 63% of Managing Directors reached their positions through internal promotions\n4. No \"Star\" Culture: No single individual generated more than 2% of revenues",
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      "text": "1. As of March 31, 2023. Excludes Managing Directors from acquisitions. 2. For the fiscal year ended March 31, 2023.",
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