Karl R. Barnickol
Corporate Law
Corporate Law
Create an account to contact this attorney
Karl Barnickol takes pride in providing practical litigation advice tailored to meet client-specific goals and counseling clients on best practices for business growth and litigation avoidance. His litigation practice focuses on defending complex mass tort and class action cases, including products and publisher liability matters, securities fraud and shareholder derivative litigation, and price-fixing and unfair competition claims. In particular, Karl has significant experience representing health care, technology, manufacturing, logistics, and content and media companies in complex cases. Karl also represents individual employees, officers, and directors in civil litigation or regulatory matters arising from their employment. He has achieved successful outcomes for clients in state and federal courts nationwide, both at the trial and appellate levels, including:Negotiating voluntary dismissals and settlements to end hundreds of mass tort claims challenging drug information relating to Reglan, Accutane, Zoloft, Prozac, and Januvia;Obtaining dismissal of three amended securities fraud complaints and four parallel derivative complaints filed against a company and its senior executives;Successfully negotiating a class action settlement in a $1.6 billion health care fraud class action and defending the settlement against objections from class members in the U.S. Court of Appeals for the First Circuit; andObtaining a favorable allocation of costs on behalf of an oil company facing environmental claims following a four-week bench trial.Outside the courtroom, Karl helps businesses profit by identifying opportunities for cost reduction and revenue growth in relationships with business partners and customers. He negotiates and drafts agreements, including technology licenses, sponsorships, concessions and subscriptions. He also develops marketing and sales training materials, internal policy documents, and customer disclosures that drive continuous process improvement and mitigate litigation risk. Karl has helped health care technology companies, retailers, and professional sports franchises substantially reduce the incidence and scope of litigation challenging their business practices.Best Lawyers in America recommended Karl in "Securities Litigation" from 2008 to 2021 and “Corporate Law” since 2013. He has also been recommended as an Illinois Super Lawyer in “Class Action & Mass Torts” since 2016. Karl Barnickol takes pride in providing practical litigation advice tailored to meet client-specific goals and counseling clients on best practices for business growth and litigation avoidance. His litigation practice focuses on defending complex mass tort and class action cases, including products and publisher liability matters, securities fraud and shareholder derivative litigation, and price-fixing and unfair competition claims. In particular, Karl has significant experience representing health care, technology, manufacturing, logistics, and content and media companies in complex cases. Karl also represents individual employees, officers, and directors in civil litigation or regulatory matters arising from their employment. He has achieved successful outcomes for clients in state and federal courts nationwide, both at the trial and appellate levels, including:Negotiating voluntary dismissals and settlements to end hundreds of mass tort claims challenging drug information relating to Reglan, Accutane, Zoloft, Prozac, and Januvia;Obtaining dismissal of three amended securities fraud complaints and four parallel derivative complaints filed against a company and its senior executives;Successfully negotiating a class action settlement in a $1.6 billion health care fraud class action and defending the settlement against objections from class members in the U.S. Court of Appeals for the First Circuit; andObtaining a favorable allocation of costs on behalf of an oil company facing environmental claims following a four-week bench trial.Outside the courtroom, Karl helps businesses profit by identifying opportunities for cost reduction and revenue growth in relationships with business partners and customers. He negotiates and drafts agreements, including technology licenses, sponsorships, concessions and subscriptions. He also develops marketing and sales training materials, internal policy documents, and customer disclosures that drive continuous process improvement and mitigate litigation risk. Karl has helped health care technology companies, retailers, and professional sports franchises substantially reduce the incidence and scope of litigation challenging their business practices.Best Lawyers in America recommended Karl in "Securities Litigation" from 2008 to 2021 and “Corporate Law” since 2013. He has also been recommended as an Illinois Super Lawyer in “Class Action & Mass Torts” since 2016. Karl Barnickol takes pride in providing practical litigation advice tailored to meet client-specific goals and counseling clients on best practices for business growth and litigation avoidance. His litigation practice focuses on defending complex mass tort and class action cases, including products and publisher liability matters, securities fraud and shareholder derivative litigation, and price-fixing and unfair competition claims. In particular, Karl has significant experience representing health care, technology, manufacturing, logistics, and content and media companies in complex cases. Karl also represents individual employees, officers, and directors in civil litigation or regulatory matters arising from their employment. He has achieved successful outcomes for clients in state and federal courts nationwide, both at the trial and appellate levels, including: Outside the courtroom, Karl helps businesses profit by identifying opportunities for cost reduction and revenue growth in relationships with business partners and customers. He negotiates and drafts agreements, including technology licenses, sponsorships, concessions and subscriptions. He also develops marketing and sales training materials, internal policy documents, and customer disclosures that drive continuous process improvement and mitigate litigation risk. Karl has helped health care technology companies, retailers, and professional sports franchises substantially reduce the incidence and scope of litigation challenging their business practices. Best Lawyers in America recommended Karl in "Securities Litigation" from 2008 to 2021 and “Corporate Law” since 2013. He has also been recommended as an Illinois Super Lawyer in “Class Action & Mass Torts” since 2016.
Recognized in Best Lawyers since 2008
Helen Richardson
Karl Barnickol provided exceptional counsel during a challenging contract dispute with a major supplier. His 28 years of experience, particularly in commercial litigation and corporate compliance, were immediately evident. He offered strategic, practical advice that resolved the issue efficiently, avoiding a protracted court battle. His deep understanding of business operations from his time at Neal, Gerber & Eisenberg was invaluable. While his expertise is top-tier, communication during the initial stages could have been slightly more responsive. Overall, Karl is a sharp, pragmatic attorney who clearly merits his recognition in corporate law. I would confidently recommend him to any Chicago business facing complex legal challenges.