The L represents Lewis Terman and the M represents Maud Merrill the two men who first began the creation of the Stanford-Binet Intelligence Scale which started back in the 1950's.
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The Stanford-Binet intelligence scale is a standardized test that assesses intelligence and cognitive abilities in children and adults aged two to 23.
He created the first form of an intelligence test named the Binet test, and what we now know as the IQ test.
The Stanford-Binet is a commonly used assessment for intellectual functioning. Simply put- It is an IQ test.
The Stanford-Binet scale tests intelligence across four areas: verbal reasoning, quantitative reasoning, abstract/visual reasoning, and short-term memory. The areas are covered by 15 subtests.
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