That was the genesis of Lit IQ, the company Sangha founded in 2015. Lit IQ’s software permits attorneys to automatically find ambiguities that could cause problems. For example, Sangha says, it might flag a sentence that requires a party to donate only to “educational and religious institutions.” Does that mean only institutions that are both religious and educational, or does it include institutions that are religious or educational but not both?
Ambiguities and errors like that matter. Lit IQ’s internal research found about a quarter of commercial disputes include a dispute over contract language.
“There’s a big difference between litigating over a document that’s airtight and litigating over a document that’s full of loopholes and inconsistencies,” Sangha says.
