Saucy wenches cry around you and me, needing a lift (10)

'saucy wenches cry around' is the definition.
I can't tell whether this defines the answer.

'you and me needing a lift' is the wordplay.
'you' becomes 'soub' (I am not sure about this - if you are sure you should believe this answer much more).
'and' says to put letters next to each other.
'me' becomes 'setter' (the person who set this crossword).
'needing a lift' is a reversal indicator (in a down clue, letters go up).
'setter' back-to-front is 'rettes'.
'soub'+'rettes'='SOUBRETTES'

Can you help me to learn more?