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Fred von Lohmann, the senior copyright lawyer for the Electronic Frontier Foundation in San Francisco, advocates a more gradual approach, keeping much of copyright law intact for video but making radical changes for music, given that the recording industry is suffering much more severely than Hollywood. The key, he says, is to compensate authors and artists while at the same time making room for "disruptive technology to emerge. Some of the developments we have seen have threatened to disrupt existing business models, but that's okay. There would never have been an iTunes store without Napster, and wihtout YouTube...

Author: /time Magazine | Title: Internet Pirates Face Walking the Plank in Sweden | 2/20/2009 | See Source »

...Rome Berlusconi Bribe Verdict On Feb. 17 an Italian court found British lawyer David Mills guilty of taking a bribe in exchange for lying in court on behalf of Prime Minister Silvio Berlusconi during corruption trials in the 1990s. Berlusconi, originally a defendant in Mills' trial, pushed through a law effectively granting himself immunity from prosecution while in office. Both men say they are innocent, and Berlusconi maintains that the trial was politically motivated. Mills, who received a sentence of 4 1/2 years in prison, was not in court for the trial or the verdict and will probably remain free...

Author: /time Magazine | Title: The World | 2/19/2009 | See Source »

Jennifer Bliss was no fledgling lawyer when she moved back in with her parents. At 39, she had burned through her retirement funds after losing her law-firm job in July 2007. She gave the bank the keys to the home she was unable to sell in Grand Rapids, Mich., and last November, she packed up her two Great Danes and moved about 60 miles, to Lansing, to live with her mother and stepfather. "This has been awful," says Bliss, who has sent out some 600 résumés nationwide looking for legal work or a managerial position in another...

Author: /time Magazine | Title: Bunking In with Mom and Dad | 2/19/2009 | See Source »

Trimble allegedly received more than $1 million in management fees based on false reports of trading profits. Trimble's lawyer, Mack Martin, said Trimble is cooperating with the CFTC but made no further comment...

Author: /time Magazine | Title: SEC Charges Allen Stanford with Multibillion-Dollar CD Fraud | 2/17/2009 | See Source »

...home exudes a warm, middle-class prosperity, and in a small house across the street from the Lincolns, you can follow the steady rise of the young lawyer and family man. When Lincoln bought the place at Eighth and Jackson in 1844 - the first and only home he ever owned - he was a 35-year-old politician with a wife and a baby, and the house was a modest story-and-a-half. As he grew wealthier, Lincoln literally blew the roof off the place, extending it to a full two stories. Now there was space for big parties...

Author: /time Magazine | Title: Reporter's Notebook: Visiting Lincoln's Springfield | 2/14/2009 | See Source »

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