ISO 9001:2015 Certified Practice

Intellectual Property (IP) Audit

Understanding, Verifying, and Strengthening IP Position Before Strategic Decisions

350+
Practitioners Worldwide
20+
Years of IP Excellence
15+
Jurisdictions Covered
3
Core Filing Strategies
IP Audit Services | Intellectual Property Audit & Due Diligence | IIPRD

IP Audit Services

Identify, verify, and strengthen your intellectual property

A structured review of ownership, protection, risk, and use, not just an inventory

An Intellectual Property Audit is a structured review of an organization's IP assets, ownership, usage, protection practices, contracts, and associated risks. IIPRD helps you understand what IP you own or control, how it is used, whether ownership and documentation are properly established, and whether existing practices support your business objectives, across patents, trademarks, copyrights, designs, trade secrets, software, know-how, and IP agreements.

IP Due DiligenceIP Portfolio AuditIP Risk AssessmentChain of TitleIP GovernanceTransaction Ready
6IP categories
5Process steps
7Risk areas
8Deliverables
What it is

Three questions an audit answers

A comprehensive IP audit is a legal and operational review that moves beyond inventory to answer the questions that matter for value and risk.

1

What IP do we have?

Identify patents, trademarks, copyrights, designs, trade secrets, software, know-how, and domain-related assets.

2

Who owns or controls it?

Verify ownership, assignments, licenses, agreements, recordals, and chain of title.

3

Is it protected and aligned with the business?

Assess how IP is used, maintained, protected, commercialized, and managed against current and future activities.

Why & when

When an audit earns its keep

Organizations accumulate IP over years through R&D, acquisitions, employee inventions, and collaborations. An audit brings the resulting issues into one structured review.

Before a merger or acquisition

Understand the IP being acquired, its ownership position, and potential risks before closing.

Before fundraising or investment

Present a more organized and defensible IP position to investors and advisors.

Before licensing or transfer

Verify ownership, rights, and restrictions before licensing or transferring IP.

During corporate restructuring

Review IP ownership and control when businesses or assets are reorganized.

Before entering new markets

Assess whether protection and practices support geographic or commercial expansion.

Periodic governance reviews

Maintain accurate records, identify risks, and improve internal IP management.

Issues an audit surfaces
Unclear ownershipMissing assignmentsIncomplete recordsUnrecorded licensesExpired or unused rightsInconsistent protectionWeak trade secret controlsContractual restrictionsUndocumented employee IPIP not aligned with productsGaps vs commercial use
What it covers

Every category of IP, plus the agreements around it

Scope is customized to your industry, size, footprint, and objectives, spanning registered and unregistered rights.

Patents & applications

Granted patents, pending applications, families, ownership, assignments, and maintenance status.

Trademarks & brand

Registered marks, applications, brand names, logos, domains, usage, and renewal position.

Copyrights & software

Software, source code, databases, content, and employee or contractor arrangements.

Designs

Registered designs, product designs, ownership, registration status, and commercial use.

Trade secrets & know-how

Proprietary technology, processes, algorithms, formulations, and confidentiality controls.

IP agreements

Assignments, licensing, R&D, joint development, employment, consultant, and collaboration agreements.

Our process

Five steps from scope to findings

A structured methodology built to surface gaps and produce practical, prioritized recommendations.

01

Define the audit scope

Establish the purpose, objectives, jurisdictions, business units, IP categories, and specific issues to examine.

02

IP asset identification

Identify and consolidate known IP assets across databases, business units, jurisdictions, and documentation.

03

Ownership & chain of title review

Examine assignments, agreements, recordals, and historical changes to confirm ownership and control.

04

IP use & business alignment

Assess whether registered and unregistered IP matches actual products, technologies, brands, and activities.

05

IP governance review

Review internal processes and, where needed, recommend improved IP policies, SOPs, and controls.

An audit can be scoped as
General-purposeEvent-drivenLimited-purposeEnterprise-wideBusiness-unitTechnology-specificTransaction-drivenJurisdiction-specific
Ownership & risk

Follow the title, find the gaps

Ownership is one of the most important elements of an audit. We trace how rights should have passed and flag where the chain breaks.

Inventor
Employee / contractor
Company
Subsidiary
Acquirer
Licensee
Particular attention to
Employee inventionsConsultant IPJointly developed technologyAcquired IPCollaborationsUniversity partnershipsAssignment agreementsRecordal requirements
Risk & gap assessment
Ownership riskMissing assignments, unclear ownership, or incomplete chain of title.
Protection gapsTechnology, brands, designs, or content without appropriate IP protection.
Documentation gapsMissing agreements, incomplete records, or inconsistent documentation.
Contractual riskRestrictions on assignment, licensing, commercialization, or technology use.
Trade secret riskInsufficient controls over confidential information and proprietary know-how.
Compliance riskIssues relating to maintenance, renewal, registration, or other obligations.
Business alignment riskIP rights that no longer correspond with products, technologies, or strategy.
Technology-enabled

AI reach across large portfolios

Large organizations may hold thousands of IP records across jurisdictions, subsidiaries, and historical documents. Technology accelerates the review while experts interpret the findings.

Accelerate

AI-assisted analytics

Technology surfaces anomalies at scale:

Duplicate recordsMissing informationInconsistenciesOwnership anomaliesPortfolio overlapsClassification issuesHistorical inconsistencies
Interpret

Expert IP review

Experienced professionals review and interpret:

Legal significanceCommercial relevanceRisk assessmentActionable findings
Outcome & deliverables

From findings to a plan of action

A good audit does not just list assets. It gives management a clear line from what you own to what needs to be done.

What we own
Inventory
Who owns it
Ownership
How protected
Protection
How used
Alignment
What risks
Risk
What to do
Action plan
Deliverables

IP asset inventory

Consolidated inventory of identified IP assets and associated rights.

Ownership & chain of title report

Ownership status, documentation, and potential gaps.

IP risk & gap report

Legal, operational, contractual, and governance issues.

Usage & alignment assessment

The relationship between IP rights and current business activities.

IP governance assessment

Review of internal IP policies, processes, and controls.

Contract & agreement review

IP-related rights, restrictions, and obligations.

Prioritized action plan

Recommended corrective actions based on business relevance and risk.

Executive IP audit report

Management-level summary of key findings, risks, and recommendations.

Why IIPRD

Build a stronger IP foundation

Value is compromised when ownership is unclear, documentation is incomplete, or protection does not match the business. We help you fix that.

Multidisciplinary IP expertise

Technical, patent, legal, analytical, and commercial understanding in one team.

Global IP perspective

Support for IP assets and agreements across multiple jurisdictions.

Business-focused audit

Findings connected to your products, technologies, operations, and strategy.

Evidence-based review

Findings supported by underlying records, agreements, databases, and documentation.

Technology-enabled

AI-assisted analytics to process large and complex IP datasets efficiently.

Action-oriented

Practical corrective actions, not simply documentation of existing IP.

Useful for
Technology companiesStartups & scale-upsManufacturingSemiconductorPharmaceuticalBiotechnologyAutomotiveSoftware & AIResearch organizationsUniversitiesCorporate IP departmentsM&A / investment-stage companies