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Wright Hassall LLP

Wright Hassall LLP


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Wright Hassall’s view of the value of science parks, in nurturing and supporting the continuing growth and development of science and technology businesses in the UK (and further afield), remains unchanged as we look into 2016 and beyond. Our belief that there is an increasing interest in the sector, which is supporting a growing economy, has been confirmed by the importance of science parks, the investment in new developments and the expansion of existing sites, particularly more recently from private investors. The reduction in public sector investment has been balanced by increasing private investments, which is in line with our perception of property trends. It is this, at least in part, that means our science park team continues to enjoy the challenge of working with science parks to help many exciting and inspirational companies reach their potential.

In 2015, Wright Hassall’s science park team completed more than 200 leases for its clients, including a number of notable, high-profile, high-value lettings to international businesses, and has also seen us increasing the number of Science Parks for which we act. With over 30 years’ experience working for, and with, science parks, our expertise in all elements of science park inception, finance and management are all within our remit.

Wright Hassall’s multi-disciplinary team continues to support science parks across a broad range of areas including: commercial property, planning, construction, banking and finance and commercial disputes. We are located in the heart of the country with excellent transport connections across the Midlands and beyond. The past year has seen a wide variety of transactions including regular lettings, building management agreements and advice regarding state aid. In addition to acting for science parks directly, the firm more broadly acts for its tenants in a range of specialist areas, such as intellectual property, outsourcing and employment. 

Wright Hassall is proud to distinguish itself with an “unfussy” approach to advising clients; providing commercially viable solutions on a myriad range of issues. Our detailed knowledge of the sector allows us to ensure that our legal advice is not only relevant but targeted to our client’s objectives. Science Parks are, by nature, flexible and co-operative and, as such, our lawyers reflect this in their ‘can-do’ attitude to facilitate fast responses and pragmatic solutions. This approach is endorsed by others, and we are proud of accolades from legal directories which note that:

“They add value through their overall advice, management and direction. We get a sense of which routes are more productive for us to take and which ones would be more difficult to pursue” (Chambers UK 2016)

“You can get action from them immediately; when they say they’re going to do something, they do, and they’re extremely thorough”; “A good level of attention to detail. They’ve picked up on a lot of valid matters that would potentially affect deals and given us work-arounds.” (Chambers UK 2015);

Wright Hassall’s core team consists primarily of Barry Sankey and Keri Harwood, both of whom are active members of the Association, supported by additional specialists in the wider firm. Barry, a Partner at the firm, is well known within the science park community having worked with a range of science and technology parks since their inception in the early ‘80s, and has also co-authored a number of UKSPA publications. Wright Hassall’s commitment to the sector is underlined by the continued growth of the team and their plans to recruit additional science park specialists and more dedicated support staff in 2016.

To find out more about Wright Hassall and how we can support your Science Park or your tenants, and the services that we can offer, please call Partner, and head of the science parks team, Barry Sankey on 01926 884 630 or 07831 880 269, email the team via scienceparks@wrighthassall.co.uk or visit our dedicated website landing page at www.scienceparklawyers.co.uk.