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Arbitrator, Mediator, or Conciliator

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Real-Life Math

One of the main reasons clients choose mediators is because they are cheaper than lawyers. Many mediators work independently. So, they are responsible for their own bookkeeping.

Mediator Len Ashby says math skills are essential when it comes to billing.

You have just worked with 2 clients who are divorcing. The bill for your time and work has come to $5,432. You need to charge 15 percent tax per client on top of that.

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  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.