H5 Announces Document Review Risk Assessment Service
SAN FRANCISCO, CA - February 1, 2004 - H5, a leading developer of information discovery, analytic and threat detection applications, today announced the H5 Document Review Risk Assessment service. This service, to be included in the company’s flagship H5 Accelerated Document Review, is the first service ever to enable corporations and law firms to measure the accuracy of their responsive or subjective review teams in complex, document-intensive litigation.
"Most corporations engaged in document-intensive litigation do not realize that the best document review processes deployed in high-stakes litigation typically miss 40% to 50% of all relevant documents," said Nicolas Economou, CEO of H5. "This represents a massive risk in high-stakes litigation, with possibly catastrophic consequences. H5 Document Review Risk Assessment statistically measures the risk of the incumbent process and the substantial qualitative enhancement that H5 Accelerated Document Review contributes."
The company’s flagship offering, H5 Accelerated Document Review, is a technologically advanced, fixed-price, date-certain, quality-benchmarked service that enables legal teams to complete document review 50% faster, 50% more accurately, and at a 50% lower cost than otherwise possible. H5 Accelerated Document Review is delivered via a sophisticated combination of professional services and patented artificial intelligence technology first used and validated in the U.S. intelligence community. Equipped with the means to more rapidly identify key documents in document intensive litigation, law firms and corporate counsels quickly gain the strategic knowledge advantage necessary to devise case strategy and successfully litigate or advantageously settle.
About H5
H5 provides automated document review and information risk management services to Fortune 500 companies and their outside counsel for their litigation, preservation, and compliance needs. By combining advanced proprietary technologies with professional services and process design expertise, H5 delivers a fully integrated review system that is customized for each client’s needs—a system that is unparalleled in performance and backed by proof. As a result, law firms and corporate legal departments are able to demonstrably reduce the cost, risk, and time to completion typically associated with large-scale document review. For more information, visit www.h5.com.