Serving Notice Period - L1B to H1B COS


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I've been on L1B with my current employer for close to 2 years now, with visa current and expiring in 2013. A prospective employer is willing to sponsor my H1B and file for COS.

I dont want to resign from my current employer before all the H1/COS approvals are in place.

1. Can I serve only the notice period (1 month) with my current employer after the COS approval?

2. Any suggestions on how best to go about this?

Today's date is 08-Sep-2011, so the H1/COS under premium processing approval would probably come 1st week of October if filed within the next few days. Am I right?

Appreciate your response/ any suggestions.



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