juzam_djinn wrote: mirage1287 wrote: juzam_djinn wrote:
mirage1287 wrote:All attorneys are "cost centers." While transactional attorneys may help do the paperwork for deals, there are only two line roles in business - the people who make the product(s) and the people who sell them. Every other function (including the transactional attorney) is overhead cost, even if they do generate "value."
by your own logic, the people who sell the products are also cost centers. only one group truly matters, and that is the group making the product. everyone else, INCLUDING SALES, is a transaction cost
No, it's not a "cost center." Sales/product is typically a "profit center."http://www.investopedia.com/terms/c/cost-center.asphttp://en.wikipedia.org/wiki/Profit_center
sorry, I don't think anyone cares about the definitions you dug up; the fact is that at the end of the day, the only truly indispensable unit in any business is the unit that creates the product. nobody builds a company from "sales" up. HTH
Lol, the definitions I "dug" up are pretty basic business concepts. You clearly have no idea what you're talking about. A product, no matter how good it is, means absolutely nothing if it can't be sold. Sure, sales isn't "indispensable," but it's the only other core role in business. What exactly do you think "business" is? SELLING goods and/or services.
Regardless, the point of my initial post was that transactional lawyers generate "value" but they don't drive deals in business. They do the paperwork for the deals, and that's why they're a support cost.