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Best Careers 2011: Mediator
As one of the 50 Best Careers of 2011, this should have strong growth over the next decade
December 6, 2010The rundown:
You might think that in a country as litigious as this, no one would be interested in something called "alternative dispute resolution," or anything that poses an alternative to litigation. But the mediation and arbitration fields continue to grow at an above-average pace, in part because the legal system is such a pricey slog. Mediation and arbitration tend to be cheaper and quicker methods for reaching resolutions. Jurisdictions seem increasingly aware of the value in mediation, as all have alternative dispute resolution programs and some now require alternative resolution among certain disputants. The nation's housing crisis—and wave of foreclosures—led a chunk of states to employ mediation in foreclosure situations, often preventing formal foreclosure proceedings.
[See a list of The 50 Best Careers of 2011.]
The outlook:
Employment in arbitration, mediation, and conciliation is expected to expand by 1,400 jobs, or 22 percent between 2008 and 2018, according to the Labor Department. That's a growth rate above the average for all occupations.
Money:
Median earnings for mediators and arbitrators were $50,660 in 2009. The lowest-paid 10 percent made $30,800 or less, while the highest-paid 10 percent made more than $109,950.
Upward mobility:
With experience, your work in alternative dispute resolutions could allow you to start your own business. In the meantime, you might focus on tackling tougher cases or specializing in a particular area, such as foreclosures.
Activity level:
Pretty low. Your work is generally done in an office, either your own or someone else's. You might be required to travel to another site.
[See a list of the best social services careers.]
Stress level:
Average. Some heated disputes may raise your blood pressure, but it's your job to stay cool.
Education and Preparation...
Read Full Article At: Best Careers 2011: Mediator - US News and World Report http://money.usnews.com/money/careers/articles/2010/12/06/best-careers-2011-mediator
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