A computer assisted method of performing an intellectual property (IP) audit estimates a value of an intellectual property portfolio. The computer assisted method includes the steps of analyzing the IP portfolio, and deriving first information responsive to said analyzing step based upon the IP portfolio. The computer assisted method also includes the steps of retrieving empirical data relating to known IP portfolios, and comparing the first information to the empirical data producing an IP worth indicator indicating an estimated worth of the IP portfolio. The computer assisted method is optionally implementable over a network architecture.