A file that has a holding portion configured for holding at least one stack of paper at a holding location. A first panel covers the holding location, and a second panel includes a traction surface and is rotatably associated with the first panel for movement between closed and open positions. In the closed position, the second panel is disposed against another portion of the file and in the open position, the second panel extends at an angle from the holding location for resting on a desktop. A traction surface has sufficiently high traction for supporting the holding portion and its held stack hanging therefrom while preventing the second panel from sliding off the desktop.