My Chicago Sun-Times colleague Dan Rozek reports from Lisa Madigan's press conference:
Madigan said she decided to seek a third term because she loves the job and loves her family, which includes her husband, Pat Brynes, and two young daughters, Rebecca, 4, and Lucy, 1.
"At the end of the day, it was a decision that I made with my husband about what was best for us and our family and what is best for the state. I have a job I am deeply committed to and extraordinarily satisfied by. Not everybody can say they have a job they love and have a working family situation as well."
She added: "As a lawyer, right now in my life, this is a great job."
Still, Madigan admitted the decision to run for a third term, rather than seek another office, was difficult for her.
"There was plenty of agonizing over this decision,'' she said.
Asked bluntly why she didn't want to be governor, Madigan replied: "Because I have a job that I love right now. And I also have a family that I love. And I plan on continuing to serve as your attorney general because I think it's
absolutely vital to have an independent advocate in that office."
Madigan even joked about her decision, saying her two terms as attorney general don't mean she has to next run for governor.
"A.G. doesn't always stand for aspiring governor,'' she said, drawing laughs.
Madigan talked to President Obama and has "incredible respect" for him, but she said she decided what office to seek based on other factors.
"But ultimately the decision that I have made was a decision I felt was going to be best for the people of the state of Illinois and best for my family," she said.
Likewise, she said the wishes of her father, Illinois House Speaker Michael Madigan, didn't influence her decision.
"I made a decision about what was best for my family and what I ultimately thought was best for the state at this point,'' she said.
And she said there are plenty of other issues she wants to tackle if re-elected.
"There's plenty of more work to do,'' she said.
She pointedly refused to rule out a run for a different office after serving a third term as attorney general.
"There's always a chance I will do something different in four years,'' she said.
Asked if she was fearful she might be missing a once-in-a-lifetime opportunity to run for governor or the U.S. Senate, Madigan said she could live with that situation.
"My hope is that...life is long. But for me, this is the right decision now," she said. "And if those opportunities don't arise, I can tell you with complete sincerity that the job of Illinois attorney general is deeply satisfying."
She said her role as mother to two young daughters "factored in" to her decision to run for re-election, though she wouldn't say it was the deciding factor.
"We have two wonderful little daughters and I want to be around to see them," she said.