In history, from Julius Caesar to Margaret Thatcher, there are a myriad of examples of political leaders who have stayed too long and been forced from office in ignominious circumstances (although few suffer the fate of Julius Caesar with a fatal knife in the back).

This is not just the fate of politicians but also of business leaders and law firm leaders. Unfortunately, previously successful and highly regarded leaders can stay too long and suffer the ignominy of an unplanned exit and their achievements being airbrushed out of their firm’s history. Both the individual leaders and their firms deserve better.