The Cartel Immunity and Leniency Program: What You Need to Know

Joseph Bial regularly represents clients across a wide array of industries in high-profile antitrust and commercial litigation in federal district and appellate courts, as well as before state and federal regulatory agencies. Joe also has a particular expertise and extensive experience handling antitrust, international cartel and anti-monopoly cases in the United States and Asia, as well as in defending civil actions following grand jury and government investigations. 

Joe has been an Adjunct Professor at George Mason School of Law and at the University of Alaska College of Business and Public Policy. He also taught the introductory Econometrics course for Ph.D. (Economics) students at George Mason University.  Prior to Paul, Weiss, Joe worked as an economist at the White House Office of Management and Budget and has also testified as an economic expert and consulted as an economist.

Mr. Bial received his JD from the University of Chicago Law School, his Ph.D. in Economics from the University of Arizona and his undergraduate degree from Miami University.

Lisa Phelan, one of the world’s leading authorities in cartel enforcement, recently joined Morrison & Foerster LLP as a partner in our Global Antitrust Law Practice and Investigations + White Collar Groups. Lisa comes to the firm after serving as the most senior ranking U.S. government lawyer on criminal antitrust and cartel matters. 

For the last 16 years, Lisa was Chief of the National Criminal Enforcement and Washington Criminal I Sections of the Antitrust Division at the Department of Justice, after previously serving as a senior criminal litigator.  Lisa supervised and coordinated all investigative and litigation work on international and national criminal cartel cases, managing investigations and prosecutions with cartel enforcers throughout the world.  She has prosecuted more than 300 federal criminal cases, overseen dozens of jury trials, and obtained more than $6 billion in criminal fines. Few in the world have the breadth of her experience to counsel and represent clients through each step of a cartel investigation, leniency application, plea negotiation, or criminal jury trial.  She is also an expert in the necessary components of effective compliance programs, and as an asset to companies in preventing antitrust problems before they arise.  She has worked on complex antitrust matters across numerous major industries, including technology, financial services, aviation, automotive, shipping, paper, petroleum, chemicals, and pharmaceuticals.