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  "documentTitle": "Houlihan Lokey | Investor Presentation Deck | 33 slides",
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  "authorName": "Houlihan Lokey",
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  "presentationDate": "2023-08-01 00:00:00",
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  "notes": "The slide uses two bar charts to demonstrate historical growth and productivity metrics.",
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      "text": "Revenue Per MD",
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      "text": "Note: For fiscal years ended March 31. All dollar amounts in millions unless otherwise noted. 1. Based on the number of MDs at the end of each respective fiscal year, excludes corporate MDs.",
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      "text": "HL has increased its Managing Director Headcount by a CAGR of 10% over the last 20 years through internal promotions, opportunistic hirings, and strategic acquisitions.\nHL has maintained solid MD productivity through the cycles.",
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