As a simple example, let $\phi$ be the azimuthal angle and let the angular momentum $\vec{L}$ point in the $z$-direction. (This is just business as usual.)
If the lagrangian $L(q_{i},\dot{q_{i}})$ is invariant under rotations about $z$ (in other words, changes in $\phi$) we can say that $$\frac{\partial L}{\partial \phi}=0$$
By the euler-lagrange equations we conclude that $$\frac{d}{dt}\frac{\partial L}{\partial \dot{\phi}}=0 \rightarrow \frac{\partial L}{\partial \dot{\phi}} = \text{const.}$$
As a further illustration for your edification (it rhymes) recall that the parts of the lagrangian that depend on the coordinates correspond to potentials, and that the derivatives of these potentials correspond to forces.
If your lagragian depends on $\phi$, you'll find that you have a force pointing the $\hat{\phi}$-direction, applying a torque to the system under consideration.