Ayush That is not multiplication that is called double summation. Its computation is similar to computing the nested for loops. In this case the for loops are
sum = 0
for i=0 to log n
for j=0 to 2i - 1
sum = sum + (1/ (2i +j) )
end for
end for
Try to write the sum I think you will get why they are using log n.
To get u started
for i=0 sum = 1
for i=1 sum = 1 + 1/2 + 1/3
for i=2 sum = 1 + 1/2 + 1/3 + 1/4 + 1/5 + 1/6 + 1/7
do it like this.