The Albany Business Review reports that the Albany Law School and the University at Albany have announced they are finalizing an agreement to affiliate. A joint letter from the Albany Law School Dean and the President of the University of Albany describes the plan, and says that the schools plan to complete a formal agreement by the end of October. The letter states that the affiliation is not a merger, as both schools will remain financially independent and there are no plans to change their names. Additionally, the schools would retain their respective accreditations and continue to issue their own degrees. But benefits of affiliation include cost-savings for students, expanded course and degree offerings and joint research and funding initiatives.. Albany Law has an enrollment of 477 students. U Albany enrolls more than 17,000.