Latham & Watkins has arguably been more successful than any other non-native international firm in carving out a significant presence in both the City and Wall Street. But can it keep building on the momentum outside the US? Alex Newman finds out

“They’re the guys that keep me up at night,” one London-based Kirkland & Ellis partner recently confessed to Legal Week. He wasn’t referring to the magic circle, any of the traditional New York thoroughbreds, his private equity clients or even Kirkland’s take-no-prisoners management. “What’s the latest on Latham, anyway?” he asked. It is a question that many will have asked themselves over the last few years.