The present study investigated the impact of bilingualism on efficiency of alerting, orienting and executive attention by means of the Lateralized Attention Network Test (LANT). Young adult bilinguals who had been exposed to their second language before the age of four years showed a reduced conflict cost and a larger alerting effect in terms of response time (RT), while no difference between bilinguals and monolinguals was observed in overall RT. Bilinguals also outperformed monolinguals on accuracy in both conflict and non-conflict trials, though the effect in the latter condition was very small. Moreover, while a left visual field advantage for accuracy of conflict resolution was present in the monolingual group, bilinguals did not show the asymmetry. The findings suggest that bilingualism enhances the efficiency of executive network while reducing its lateralization. The larger alerting effect in bilinguals is hypothesized to be related to bilinguals’ more efficient executive control, which may support processes of response anticipation or temporal orienting.