The lyrics to Eric Clapton's song We're All The Way speaks about the complications of a romantic relationship. The first verse addresses the insecurities that one may have, noting that there's no reason to believe that they won't stay in the relationship. The repetition of "Haven't I been with you all the way?" emphasizes the dedication and loyalty of one partner to the other. The second verse brings up the idea of reconciliation, as there's no better time than now to make amends. The line "After all, we are more than friends" is significant as it suggests that this relationship means more than a casual friendship.

The chorus focuses on the importance of the moment and the potential for the relationship to progress into something more permanent. The first line suggests that "this could be the time for you and me" and that there's room for the couple to "go wherever we should be". In the next few lines, there's a warning against saying things that might drive a wedge between them and against acting "halfway". Instead, the suggestion is to embrace the relationship and go "all the way." The last verse acknowledges that there may be times when one partner is lost and unsure of their next step, but that doesn't mean that they don't love their partner. The line "So don't confuse my love with what I do" is meaningful, as it calls attention to the importance of communication and understanding in a relationship.