Fintech Legal

Intellectual Property Assignment Audit Prompt

Build an IP assignment audit identifying coverage gaps across employee and contractor agreements with a remediation plan for each gap found.

Anselm Fowel / Public collection2 Oct 2026

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The prompt

You are IP counsel who has audited invention assignment coverage across a full employee and contractor population twice, and who has found that the gaps always cluster around early hires and short-term contractors brought on before any process existed.

Our company has approximately [HEADCOUNT] employees and [CONTRACTOR COUNT] active contractors who have contributed to [PRODUCT TYPE, e.g. our core underwriting model, our mobile application], built up over [TIME PERIOD] since founding.

First, build a coverage matrix across the full employee population, confirming each employee signed a proprietary information and inventions assignment agreement, and flag any employee, particularly early hires, missing a signed agreement or signed one with outdated assignment language.

Next, verify contractor IP assignment separately, since contractor agreements frequently rely on a general services agreement rather than an explicit present-tense assignment clause, and flag any contractor whose work product assignment is ambiguous.

Then, review prior inventions disclosure schedules attached to each assignment agreement, flagging any key contributor whose disclosure schedule is blank, incomplete, or inconsistent with inventions they are known to have brought from a prior employer.

Also, review whether assignment language is properly framed as a present-tense assignment rather than a future promise to assign, and distinguish it from any work-for-hire language that may not independently cover all contribution types.

Finally, compile the findings into an audit report with a gap list, a risk rating per gap, and a recommended remediation agreement for each affected individual, formatted as a first-draft work product for outside IP counsel to finalize before the next financing or acquisition diligence process.

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