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Psychotherapy is a method of treatment traditionally used for coping with depression, particularly for mild and moderate cases. This method is often referred to as "talk therapy" because it involves a patient to be in dialogue with a licensed therapist. As a treatment for many chronic conditions, psychotherapy is often recommended to be used in conjunction with other treatments including medication(s).
There are generally two categories of psychotherapies that may be prescribed for a depressed patient: Cognitive behavioral therapy and Psychoanalytic therapy. Also, there is supportive psychotherapy that can be more useful to severely depressed patients who may not be able to tolerate deeper forms of psychotherapy.
Psychotherapy is a low-risk treatment. While therapy sessions could bring up strong feelings for a client (i.e. anxiety, stress), it is unlikely to lead to any adverse effects down the road.