So this domain I want is on clientHold status. It's set to expire in about a year from now. Will it end that clientHold state before expiring or will it stay like that for a full year?
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Short answer is that you need to contact your registrar:
This status code tells your domain's registry to not activate your domain in the DNS and as a consequence, it will not resolve. It is an uncommon status that is usually enacted during legal disputes, non-payment, or when your domain is subject to deletion.
Often, this status indicates an issue with your domain that needs resolution. If so, you should contact your registrar to resolve the issue. If your domain does not have any issues, but you need it to resolve, you must first contact your registrar and request that they remove this status code.