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&lt;p&gt;Eric Dinallo, recently a candidate for the New York State Attorney General post, has abandoned plans to seek public office in favor of returning to private practice.  Dinallo, who finished rock bottom in a field of five vying for this year&#39;s Democratic primary nomination, will join the partnership at Debevoise &amp;amp; Plimpton imminently, according to &lt;em&gt;The Wall Street Journal&lt;/em&gt;.  Prior to his short-lived political campaign, Dinallo was the state&#39;s Insurance Superintendent for two years.&lt;/p&gt;&lt;p&gt;The  that Dinallo will work on both litigation and regulatory matters in the financial services industry.  Interestingly, Dinallo was intimately involved with the federal government&#39;s bailout of AIG&amp;mdash;one of Debevoise&#39;s biggest clients&amp;mdash;during his tenure as Insurance Superintendent, a revelation that promises to bring up some sticky conflict of interest concerns when he assumes his new position.&lt;/p&gt;&lt;p&gt;The Debevoise appointment sees Dinallo return to BigLaw after a 15-year absence that saw him hold high-profile offices at Willis Group and Morgan Stanley, followed by a lengthy spell working under former Attorney General Eliot Spitzer.  His last sighting in BigLaw was as a litigation associate at Paul, Weiss, Rifkind, Wharton &amp;amp; Garrison  in 1995.&lt;/p&gt;&lt;p style=&quot;text-align: right;&quot;&gt;- Sam Reynolds&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Update:&lt;/strong&gt; Bloomberg scored a phone interview with Dinallo, in which he explained he had this to say about his decision to join Debevoise:&lt;/p&gt;&lt;p&gt;&quot;It was the only firm I spoke with [...] It has a unique compensation structure. Partners within a class are paid the same, so there is no eat what you kill, just a bunch of super-smart lawyers pulling on behalf of the client.&quot;&lt;/p&gt;

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