What kinds of files are these? Are you wanting to be able to transfer the files electronically to others who will know the password to unlock them? Or, are you trying to secure them on your own system only?
Excel, Word, etc. allow password protecting of files, but this sort of "protection" is not that strong. It'll turn away the random snooper with no patience, but if someone really wants what's in those files, getting past this is not incredibly difficult.
As one method of more protection, you can encrypt the hard drive with something like
TrueCrypt so that if the laptop is stolen getting at anything on it requires knowing the password/passphrase. When the drive is unlocked with you using it, however, this doesn't provide any protection and of course won't do anything if you transmit the files electronically.
The best method of securing your files is, imo, using
GnuPG. You can use this in a couple of ways, one of which isn't very convenient but will certainly lock down the files as best as they can be locked down. Once this is all set up (which requires creating a key that is associated with a passphrase), you can encrypt individual files in a way that requires a massive amount of computing power and knowledge to break. You can also encrypt entire folders with it, but this can be a lengthy and cumbersome process if the folders are very large. The downside of this is that to use the files, you have to unencrypt them again. It lessens convenience, but it is about as secure as you will get.
The other way of using GPG is in conjunction with your e-mail client. Those to whom you send your e-mail/files have to install it as well, which is usually why this ends up not working since people can't be bothered, but if this is truly sensitive information used as a part of an employment contract, you could make it a part of the contract that your clients use it. Once set up, you exchange public keys with those with whom you will exchange e-mail/files, and when you send an e-mail/file you encrypt both the e-mail and any attachments with that person's public key. When the receive it, assuming they are using an e-mail client like Thunderbird that incorporates GPG into its interface (there's a Firefox add-on that makes it work in Gmail's web-based client also), they have to enter their passphrase to unencrypt it and can save it to their hard drive as a regular file.
Once you become accustomed to this, it's not the pain it sounds like it is. I've been using this for years, and most of the people I exchange e-mail with on a regular basis use it.
Whatever you end up doing, just remember that the more convenient the method is the less likely it is to be truly secure.