WSJ.com: Family Value- When Families Need Mediators


The Wall Street Journal published an article on February 5th, 2011 on the topic of Elder Mediation.

The second paragraph touches on an important topic that I think will eventually become the most critical topic (it already is for me) in mediation (italics added by me):

But while mediation may prove cheaper than litigation—and less damaging to family relationships—the field is largely unregulated. As a result, it is important to vet prospects carefully to be sure they understand the issues most significant to your family.

The area of mediation is "booming" due to baby boomers needing assistance:

Elder mediators say their profession is taking off as baby boomers seek help with aging parents. "Our clients tend to be well-educated, successful people who are used to hiring professionals for whatever services they need," says Arline Kardasis, co-founder of Elder Decisions, a mediation and training firm in Norwood, Mass.

...250 professionals have joined an elder-mediation group she helped found 18 months ago at the Association for Conflict Resolution, a professional association. Over the last two years, the number of mediators listed at EldercareMediators.com has nearly doubled to 100, says Janet Mitchell, the website's co-founder.

For those of you too busy to read the article but thinking perhaps this is a niche area I would like to mediate, how much should I be charging, this is for you:

Families often hire an elder mediator to avoid high legal fees. To work with a mediator in private practice, a family can expect to spend from $150 to $350 an hour. A national network of nonprofit "community mediation" services charges little to nothing.

Overall, the article is a good description of the process and ends with helpful tips for potential baby boomers who might use mediation- great job Ann Tergesen!

Read the full article [
here].

2 comments:

  1. nice coverage of an important issue.

    ReplyDelete
  2. Found the article very interesting. The area of elder mediation is taking off here in Ireland. Some families are reluctant to attend elder mediation in Ireland, as they do not want to disclose confidential information, which they feel should be kept in the family.

    ReplyDelete

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