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Karl R. Barnickol

Chicago, IL

Trusted business attorney serving Chicago.

3
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Karl R. Barnickol is an attorney based in Chicago, ILLINOIS. The practice focuses on Business.

Based in
Chicago, ILLINOIS
Experience
attorney
Known for
Business
  • Handles Business matters from Chicago, ILLINOIS.
  • Recognized with Best Lawyers in America — Corporate Law (2026).

About Karl R. Barnickol: Karl R. Barnickol is an attorney based in Chicago, ILLINOIS. The practice focuses on Business.

Areas of practice

Practice focus

Karl R. Barnickol represents clients in Chicago, Illinois across the following areas of law. Each area links to other verified attorneys with the same focus.

Biography

About Karl R. Barnickol

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; and
  • Obtaining 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.

Credentials

Education

  • Washington University in St. Louis

    J.D. · 1997

  • Georgetown University

    — · 1994

Jurisdictions

Bar admissions

  • Pennsylvania, Pennsy

    ACTIVE

  • Missouri, The Missou

    ACTIVE

  • Illinois, Illinois S

    ACTIVE

Recognition

Awards & honors

  • Best Lawyers in America — Corporate Law

    2026

  • Best Lawyers in America — Additional Areas of Practice:

    2026

  • Best Lawyers in America — Commercial Litigation

    2026

  • Best Lawyers in America — Corporate Compliance Law

    2026

  • Best Lawyers in America — Corporate Governance Law

    2026

  • Best Lawyers in America — Litigation - Securities

    2026

  • Best Lawyers in America — Mass Tort Litigation / Class Actions - Defendants

    2026

  • Best Lawyers in America — Securities / Capital Markets Law

    2026

Locations

Office locations

Main office

225 W. Randolph St., Suite 2800

Chicago, Illinois 60606-1976

Open in Google Maps

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Client reviews

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Frequently asked

Common questions

  • What areas of law does Karl R. Barnickol practice?

    Karl R. Barnickol focuses on Business.

  • Where is Karl R. Barnickol located?

    Karl R. Barnickol primarily serves clients in Chicago, Illinois, with an office at 225 W. Randolph St., Suite 2800.

  • Is Karl R. Barnickol a verified attorney?

    Karl R. Barnickol's profile is listed but has not yet been claimed by the attorney. Verification status is pending.

  • How can I schedule a consultation with Karl R. Barnickol?

    You can book a consultation through LawyersListed directly from this page. Initial outreach can also be made by phone at 312-269-8000.