In March 1960 Lloyd noted that his one unfulfilled ambition was to be Lord Chancellor, but he did not consider himself a distinguished enough lawyer for the post – he was later to change his mind when Lord Dilhorne was appointed. In mid-May 1960 he accompanied Macmillan to the Four Power Summit in Paris , which broke up in disarray after the U2 had been shot down whilst flying over the USSR. Some see the failure of this summit as the moment when Macmillan's premiership went into decline.