My state follows the federal rule that EITHER party to a telephone conversation may record the entire conversation. What is admissible in court as evidence may not be as broad (in a particular case) as what evidence can be gathered by either party, but as I just mentioned in a comment I posted elsewhere in this thread, a conversation like that between Lam and Jobs can blow up in Lam's face even if the only evidence offered is courtroom testimony by Jobs regarding what Lam spoke, from Jobs's recollection of the conversation.