L1 to H1B transfer

[sdileeep]

Hello,

I am currently working in the US on L1 blanket petition and my L1 visa expired couple of months back and have a valid I-94. In the meantime I also got my H1-B approved through a different company.

1) Will my L1 be automatically changed to H1B. How does this affect my existing job ?

2) If I need to move to H1-B ,within how many days should I move?

3) I have heard that I can transfer my H1-B whenever, I would like to. Is this correct ?

4) What are the scenario's, under which the H1-B could get cancelled after getting approval ?

The attorney of the company that applied my H1-B said , L1 status will be automatically changed to H1-B and i have to move within 3 weeks time. Is this correct ?

Please help me figure out this as i am in a confused state now.

[pontevecchio]

Once the H1 status is approved you HAVE to stop working for the L1 employer. You have up to 60 days to report to your H1 sponsor. But you CANNOT work for the L1 employer.