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Offers can be negotiated with the MIB. Their first offer is not their final offer unless they make a “formal award”.

The MIB (unlike a regular third party) can take as long as they like to respond to an offer or to accept an offer.

If the MIB make a “formal award” and it is not a reasonable offer, a client has to appeal to the MIB; the MIB can either grant the appeal and make a higher offer or submit the matter to an arbitrator for a final decision.

The arbitration process is effectively a paper-based hearing and should be treated as a small trial.