Summary: Lagrangian multiforms provide a variational framework to describe integrable hierarchies. The case of Lagrangian 1-forms covers finite-dimensional integrable systems. We use the theory of Lie dialgebras introduced by Semenov-Tian-Shansky to construct a Lagrangian 1-form. Given a Lie dialgebra associated with a Lie algebra \(\mathfrak{g}\) and a collection \(H_k, k=1,\ldots, N\), of invariant functions on \(\mathfrak{g}^*\), we give a formula for a Lagrangian multiform describing the commuting flows for \(H_k\) on a coadjoint orbit in \(\mathfrak{g}^*\). We show that the Euler-Lagrange equations for our multiform produce the set of compatible equations in Lax form associated with the underlying \(r\)-matrix of the Lie dialgebra. We establish a structural result which relates the closure relation for our multiform to the Poisson involutivity of the Hamiltonians \(H_k\) and the so-called double zero on the Euler-Lagrange equations. The construction is extended to a general coadjoint orbit by using reduction from the free motion of the cotangent bundle of a Lie group. We illustrate the dialgebra construction of a Lagrangian multiform with the open Toda chain and the rational Gaudin model. The open Toda chain is built using two different Lie dialgebra structures on \(\mathfrak{sl}(N+1)\). The first one possesses a non-skew-symmetric \(r\)-matrix and falls within the Adler-Kostant-Symes scheme. The second one possesses a skew-symmetric \(r\)-matrix. In both cases, the connection with the well-known descriptions of the chain in Flaschka and canonical coordinates is provided.