H5 (US company)
Encyclopedia
H5 is a privately held company specializing in information retrieval
systems for the legal industry, with offices in San Francisco and New York
. Founded in 1999, H5 combines advanced proprietary information retrieval technologies with professional expertise in linguistics
, statistics
, computer science
, law
, information technology
, process engineering
and e-discovery. The company completed its third and latest round of venture capital funding in 2005; its primary investors are the private equity firms of Draper Fisher Jurvetson
, Institutional Venture Partners
(IVP), and Walden VC.
H5 has attracted positive attention for its promotion of common standards in the field of information retrieval, including its participation in the U.S. Government’s TREC Legal Track
initiative, a research program of the National Institute of Standards and Technology
(NIST) that measures the accuracy of document review and search methods for e-discovery. H5 was profiled in an October 2007 Forbes
article noting the company’s prominent Advisory Board members and its 2007 Thought Leadership Summit that the company co-hosted with Georgetown Law. At that summit, United States Supreme Court Justice Stephen Breyer
joined a panel discussion alongside H5 CEO Nicolas Economou and moderator Arthur R. Miller
of Harvard Law School.
H5’s process and results have been evaluated by a variety of independent industry and government studies, including the National Institute of Standards and Technology’s 2008 TREC Legal Track study, as well as a 2005 independent academic study which compared H5’s process against a team of attorneys using traditional manual document review methodologies on a 48,000 document collection. (The manual review process found 51% of all relevant documents vs. H5’s retrieval rate of 95%.)
’s fourth marine chronometer
(known as “H4”), which provided an accurate measurement of navigational longitude
(thereby unlocking the world’s ocean for accurate navigation) and its own modern process by which to precisely navigate through vast amounts of electronic data.
, Microsoft
, and Tyco
, as well as with prominent law firms such as O’Melveny & Myers, Boies Schiller & Flexner, and Bartlit Beck Herman Palenchar & Scott
.
Information retrieval
Information retrieval is the area of study concerned with searching for documents, for information within documents, and for metadata about documents, as well as that of searching structured storage, relational databases, and the World Wide Web...
systems for the legal industry, with offices in San Francisco and New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
. Founded in 1999, H5 combines advanced proprietary information retrieval technologies with professional expertise in linguistics
Linguistics
Linguistics is the scientific study of human language. Linguistics can be broadly broken into three categories or subfields of study: language form, language meaning, and language in context....
, statistics
Statistics
Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....
, computer science
Computer science
Computer science or computing science is the study of the theoretical foundations of information and computation and of practical techniques for their implementation and application in computer systems...
, law
Law
Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...
, information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, process engineering
Process engineering
Process engineering focuses on the design, operation, control, and optimization of chemical, physical, and biological processes through the aid of systematic computer-based methods...
and e-discovery. The company completed its third and latest round of venture capital funding in 2005; its primary investors are the private equity firms of Draper Fisher Jurvetson
Draper Fisher Jurvetson
Draper Fisher Jurvetson is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $7 billion in capital commitments....
, Institutional Venture Partners
Institutional Venture Partners
Institutional Venture Partners is a US based private equity investment firm focusing on later-stage venture capital and growth equity investments. IVP is one of the oldest venture capital firms on Sand Hill Road founded by Reid W...
(IVP), and Walden VC.
H5 has attracted positive attention for its promotion of common standards in the field of information retrieval, including its participation in the U.S. Government’s TREC Legal Track
Text Retrieval Conference
The Text REtrieval Conference is an on-going series of workshops focusing on a list of different information retrieval research areas, or tracks. It is co-sponsored by the National Institute of Standards and Technology and the Intelligence Advanced Research Projects Activity , and began in 1992...
initiative, a research program of the National Institute of Standards and Technology
National Institute of Standards and Technology
The National Institute of Standards and Technology , known between 1901 and 1988 as the National Bureau of Standards , is a measurement standards laboratory, otherwise known as a National Metrological Institute , which is a non-regulatory agency of the United States Department of Commerce...
(NIST) that measures the accuracy of document review and search methods for e-discovery. H5 was profiled in an October 2007 Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
article noting the company’s prominent Advisory Board members and its 2007 Thought Leadership Summit that the company co-hosted with Georgetown Law. At that summit, United States Supreme Court Justice Stephen Breyer
Stephen Breyer
Stephen Gerald Breyer is an Associate Justice of the U.S. Supreme Court. Appointed by President Bill Clinton in 1994, and known for his pragmatic approach to constitutional law, Breyer is generally associated with the more liberal side of the Court....
joined a panel discussion alongside H5 CEO Nicolas Economou and moderator Arthur R. Miller
Arthur R. Miller
Arthur Raphael Miller is a leading scholar in the field of American civil procedure and a University Professor at New York University. Before that he was the Bruce Bromley Professor of Law at Harvard Law School , after being on the faculties of the University of Michigan and the University of...
of Harvard Law School.
Processes
H5’s proprietary automated document review process is a hybrid approach that relies on both human subject matter expertise and advanced information retrieval technologies. The company utilizes academically validated quality assurance methods, based on the government’s TREC Legal Track protocols, to measure the accuracy of its results.H5’s process and results have been evaluated by a variety of independent industry and government studies, including the National Institute of Standards and Technology’s 2008 TREC Legal Track study, as well as a 2005 independent academic study which compared H5’s process against a team of attorneys using traditional manual document review methodologies on a 48,000 document collection. (The manual review process found 51% of all relevant documents vs. H5’s retrieval rate of 95%.)
H5's name
H5’s name derives from what it considers to be the historical analogy between 18th century inventor John HarrisonJohn Harrison
John Harrison was a self-educated English clockmaker. He invented the marine chronometer, a long-sought device in solving the problem of establishing the East-West position or longitude of a ship at sea, thus revolutionising and extending the possibility of safe long distance sea travel in the Age...
’s fourth marine chronometer
Marine chronometer
A marine chronometer is a clock that is precise and accurate enough to be used as a portable time standard; it can therefore be used to determine longitude by means of celestial navigation...
(known as “H4”), which provided an accurate measurement of navigational longitude
Longitude
Longitude is a geographic coordinate that specifies the east-west position of a point on the Earth's surface. It is an angular measurement, usually expressed in degrees, minutes and seconds, and denoted by the Greek letter lambda ....
(thereby unlocking the world’s ocean for accurate navigation) and its own modern process by which to precisely navigate through vast amounts of electronic data.
Client engagements
Although H5 does not disclose its clients on its website, the company has been publicly reported to work on cases involving RealNetworksRealNetworks
RealNetworks, Inc. is a provider of Internet media delivery software and services based in Downtown Seattle, Washington, United States. The company is the creator of RealAudio, a compressed audio format; RealVideo, a compressed video format; RealPlayer, a media player; RealDownloader, a download...
, Microsoft
Microsoft
Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions...
, and Tyco
Tyco
Tyco may refer to:* Tyco International, a diversified industrial conglomerate* Tyco Electronics, a former segment of Tyco International* Tyco Toys, a division of Mattel...
, as well as with prominent law firms such as O’Melveny & Myers, Boies Schiller & Flexner, and Bartlit Beck Herman Palenchar & Scott
Bartlit Beck Herman Palenchar & Scott
Bartlit Beck Herman Palenchar & Scott LLP is a Chicago and Denver-based law firm founded by Fred Bartlit, Jr., Phil Beck, Skip Herman, James Palenchar, Don Scott, and Mark Ferguson in 1993. The firm is a spin-off of Chicago-based law firm Kirkland and Ellis...
.
Management team
- Nicolas Economou, Chairman and Chief Executive Officer
- Jeff Kangas, Executive Managing Director
- Eoin Beirne, Executive Managing Director
- Julia Brickell, Esq., Executive Managing Director and General Counsel
- Robert S. Bauer, Ph.D., Chief Technology Officer
- Michael B. Rubenstein, Managing Director of Global Practice
- Bruce Hedin, Ph.D., Principal Scientist
Advisory board
- Professor Arthur R. MillerArthur R. MillerArthur Raphael Miller is a leading scholar in the field of American civil procedure and a University Professor at New York University. Before that he was the Bruce Bromley Professor of Law at Harvard Law School , after being on the faculties of the University of Michigan and the University of...
, Former Bruce BromleyBruce BromleyBruce Ditmas Bromley was an American lawyer and politician.-Life:...
Professor of Law at Harvard Law SchoolHarvard Law SchoolHarvard Law School is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, it is the oldest continually-operating law school in the United States and is home to the largest academic law library in the world. The school is routinely ranked by the U.S... - Michael J. Halloran, Esq., Former Counselor to the Chairman and Deputy Chief of Staff at the United States Securities and Exchange Commission
- Neal L. Wolkoff, Esq., Chief executive officer of ELX Electronic Liquidity Exchange, former chairman and CEO of the American Stock ExchangeAmerican Stock ExchangeNYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...
- Raymond L. Ocampo Jr., Esq., Retired General Counsel of Oracle CorporationOracle CorporationOracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...
- Charles Blixt, Retired General Counsel of R.J. ReynoldsR.J. ReynoldsRichard Joshua "R. J." Reynolds was an American businessman and founder of the R. J. Reynolds Tobacco Company....
- Paul J. Polking, Esq., Retired executive vice president, general counsel, and member of the Management Operating Committee for Bank of America Corporation and its predecessor companies.
- S. Allen Lackey, Esq., Retired General Counsel of Shell Oil CompanyShell Oil CompanyShell Oil Company is the United States-based subsidiary of Royal Dutch Shell, a multinational oil company of Anglo Dutch origins, which is amongst the largest oil companies in the world. Approximately 22,000 Shell employees are based in the U.S. The head office in the U.S. is in Houston, Texas...
- Stanley StroupStanley StroupStanley G. Stroup is a former member of the Pennsylvania State Senate, serving from 1961 to 1974.-References:...
, Esq., Former general counsel and executive vice president of Wells Fargo & Company - Edward A. Kangas, Former Global Chairman and CEO of Deloitte, Chairman of the Board of Tenet Healthcare Corporation, and Board Member of EDSEDS- Education :* Educational specialist , a terminal academic degree in the U.S.* Episcopal Divinity School, an Episcopal Seminary in Cambridge, Massachusetts* Evansville Day School, an independent college-prep school in Evansville, Indiana- Politics :...
- John C. Dean, former chairman and CEO of Silicon Valley Bancshares and Silicon Valley Bank
- Professor Michael A. CusumanoMichael A. CusumanoMichael A. Cusumano is the Sloan Management Review Distinguished Professor at the MIT Sloan School of Management. As befits his title, he is the former editor-in-chief and chairman of the MIT Sloan Management Review. Professor Cusumano earned his bachelor's degree from Princeton University and his...
, Sloan Management Review Distinguished Professor at the MIT Sloan School of ManagementMIT Sloan School of ManagementThe MIT Sloan School of Management is the business school of the Massachusetts Institute of Technology, in Cambridge, Massachusetts....
, author - Edward B. RobertsEdward B. RobertsEdward B. Roberts is an American technology writer and academic figure, and a high-tech entrepreneur and investor. His Entrepreneurs in High-Technology: Lessons from MIT and Beyond won the Association of American Publishers Award for Outstanding Book in Business and Management.Roberts is Founder...
, Ph.D., David Sarnoff Professor of Management of Technology at the Massachusetts Institute of TechnologyMassachusetts Institute of TechnologyThe Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
, the Chair of the MIT Sloan School’s Management of Technological Innovation & Entrepreneurship research and education programs, as well as the founder and chair of the MIT Entrepreneurship CenterMIT Entrepreneurship CenterThe MIT Entrepreneurship Center is one of the largest research and teaching centers at the MIT Sloan School of Management, the business and management school at the Massachusetts Institute of Technology...
.
Scientific advisory board
- John Seely BrownJohn Seely BrownJohn Seely Brown is a researcher who specializes in organizational studies with a particular bent towards the organizational implications of computer-supported activities....
, Ph.D., Former Chief Scientist of Xerox Corporation and Former Director of Xerox PARCXerox PARCPARC , formerly Xerox PARC, is a research and co-development company in Palo Alto, California, with a distinguished reputation for its contributions to information technology and hardware systems.... - Mitchell P. Marcus, Ph.D., RCA Professor of Artificial Intelligence and Former Chair of the Department of Computer & Information Science at University of PennsylvaniaUniversity of PennsylvaniaThe University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
- H. Paul Zeiger, Ph.D., former chairman of the Department of Computer Science at the University of Colorado, Boulder