Somerset vertical tote

I'm starting to research my fall shopping, and of course this includes bags. I am hoping to get more milage out of my beautiful Kooba bag, but I must admit I have a wandering eye when it comes to this sort of thing. And of late, my eye has landed on the Somerset vertical tote from Banana Republic.

I like that this bag looks very briefcase-ey, and although my interviews are few and far between this would be a good professional bag to be seen with and would hold all sorts of papers and folders etc. I think I'm also starting to tired of the slouchy hobo bag shape, and this one is boxy and structured.

I would wear this bag with a suit and heels, but i think it would also look great with some ripped jeans and a tank top.