A system for managing intellectual property rights (24) in an intellectual property arising from one or more contract documents (12), comprising a central procession unit (26), a display device (28) coupled to the central processing unit, one or more rights questionnaires (10) posing one or more questions pertains to the intellectual property, a first memory (30) coupled to the central processing unit (26) for storing a management program (22) comprising a packaging module (14) for packaging the contract documents (12) and the rights questionnaires (10), a review module (16) for directing review of the contract documents and acquisition of acquired responses to the questions posed in the rights questionnaires (10), and a search module (20) to allow searching of the acquired responses, a second memory (32) coupled to the central processing unit (26) for storing the rights questionnaires (10), and a third memory (34) coupled to the central processing unit (26) for storing the acquire responses.