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!