Meetings with the parents and sharing successes and concerns about students can be very helpful, but preparing for the meetings can be time consuming and stressful. In past years, formal conferences in our district were held once a year in the late fall. Recently this changed and conferences are now held in the fall and in the spring.
Many teachers still use a parent/teacher format, but I have found that the student-led model is far more effective. I am retired now, but this is the model I used for over 20 years and the feedback was always positive and very helpful.
I have created the following package that contains the materials I used. It has been updated this year and is more current now.