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The wait is approximately 18 months. As of late (for last month), there has been speed-up in case processing.
INS has a goal to decrease waiting time to less then a year by the end of September 2000.
Last week INS announced a solw down for internal auditing and this should last for a week....
You should not be concerned that your H1 is expiring when you can use your EAD card for as long as you are in the process for GC.
Good luck, but maybe you should think about CP if it is not too late...