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(1). A term used to describe a low-margin business unit (see keep the lights on) which will never, ever be a major profit center, resulting in mediocre pay for its staff, further resulting in mediocre staff.
“Urinal-mint manufacturing is a bread and butter business, people. We may not be flashy, but we’ll always be able to say that business doesn’t stink.”
(1). A brief, substance-less client meeting intended to introduce an additional member of the team to the client (see face to face). Meet and Greets often turn into in-depth discussions on substantive topics which the newly introduced team member neither expected nor prepared to discuss.
“Don’t worry, Tim. This is just going to be a meet and greet. That said, you might want to read up on complex tobacco-industry litigation techniques before the meeting. See you tomorrow!”
(1). To forbid employees from keeping paper files, usually resulting in the loss of important documents and higher use of printer paper, due to the constant printing and disposing of PDFs which are either needed for meetings or simply difficult to read online.
