My question involves a traffic ticket from the state of: Oregon

I did not stop completely at a stop sign in Milwaukie, OR. This is my first violation so I'm not sure what the consequence are, and possible mitigation.

This is a Class B violation under OR 811.265. My questions are:
- What is the best way to proceed with the ticket?
- Will this result in points on my license and subsequent insurance increases?
- Is traffic school an option? Will it dismiss a conviction?
- How do you request that? I don't see any official info on the web about traffic school.
- Should I get a lawyer?

Thanks in advance for any sage advice!