Good question. I can only offer my opinion, no research.
In my opinion, it seems as though doing this is mixing 2 separate actions on one element (I've done it myself in the past).
I've come to the conclusion that the navigation click action on the "Services" item should be removed. You will face further problems when people use touch screens. E.g. when they tap the "Services" item will you open the sub menu or navigate to the Services page? This could be a big problem if those sub pages are only accessible from that drop down.
Some examples of solutions to the problem:
- Have an option on the sub menu called "All Services".
- Split the button in 2: a larger part that is the link to the Services page, and a smaller part with an obvious arrow and border that opens the submenu (from Nate Kerkhofs in the comments below)
Additional solution (from my comments) to cater for problems caused by hiding sub options on hover:
You should at a bare minimum offer that sub menu list of links (the ones hidden until hover) on the actual "Services" page. This is a backup for when the sub menu can't be opened (e.g. on touch) and so at least a user can navigate to the services page, and then navigate to a sub page from the links provided on there.
Here is an example from BBC Food. See the recipes menu option and its sub menu. Tap recipes to see that the sub menu is permanently visible on there.