The present invention is a multifunction carrying case that is capable of carrying a laptop computer and converting into a laptop stand. The height of the laptop stand is telescoping, allowing for use in different situations. The case-stand combination comprises a housing similar to a hard-sided briefcase. The bottom compartment of the housing comprises a platform with a stand assembly beneath it. The stand assembly comprises a top base, telescoping risers and a bottom base. Until deployed, the bottom base is contiguous with the exterior surface of the bottom compartment. When deployed, the stand assembly is a “Z”-type shape to counterbalance the weight of the housing and a laptop computer.