The water shouldn't get on the leaves at all if you can avoid it. Phal leaves cannot handle having standing water on them. It creates a perfect storm for bacteria to set in. In the wild, these plants grow upside down. We are asking them to go against their nature by growing them in pots.
I think this could be one of two things, either the plant is receiving too much light, or it's not getting the nutrients it needs, for whatever reason.
The last time I saw that kind of yellowing, my plant had an extensive case of root rot, but it could be caused by other things. The plant does not look water logged. The roots I can see look ok. I see that your plant is growing in a clear pot, can you take a picture of the side of the clear pot, where a good portion of the roots are visible and post it please?
It sounds like you haven't had this plant long enough for either of those events to be your fault. Garden centers often overwater orchids and treat them as though they are a typical house plant, which they are not. This is why I like them. I can forget to water them and they won't dry up and die.
Hopefully we can help you get this guy squared away, if not, don't get discouraged. Try again with a healthier plant. I've killed a couple of orchids so far, I'll probably kill more before all is said and done. Losing a plant isn't the end of the world, even the most experienced orchid growers lose plants.