Ok I seemed to be getting nowhere:
[E,L]=0
Pick a basis. Under this basis, then $L=\sum_{i=1}^nl_{ij}$ and $E=\sum_{i=1}^ns_{ij}$. Let a polynomial $f(x)=\sum_{k=1}^na_kx^k$. Now if we compute, the following, the coefficients becomes:
$LEf=\sum_{i,j,k=1}^nl_{ij}s_{jk}a_k$
$ELf=\sum_{i,j,k=1}^ns_{ij}l_{jk}a_k$
Since it is given $[E,L]=0$, and $f$ is arbitrary, we get the relation $s_{ij}l_{jk}=l_{ij}s_{jk}$
Now suppose there's a linear map $C$ such that it maps $E$ to $E^{\frac{1}{2}}$. Then under this basis we have: