Setup the server on you network. Connect it to a wireless router via a LAN cable. Connect laptops to router either via wireless or cable.
Your server should be visible to any computer attached to your network. From there you'll need to setup user accounts on the server and file shares. How you do this is really up to you.
I would not recommend doing any sort of work directly on file stored on the server. Even when connected by cable it's adding too many variables that could disrupt file saves and end up with file corruption. It also introduces the fun of what happens when two people save to the same open file.
Advice:
Setup a repository software on your server. Work on local copies and commit the changes. Repositories can be useful for more types of files then just software source code. I think Adobe even as a solution designed for graphic designers.
Don't quote me but I think OS X Server comes with SVN built in as an installable module. It's one of the better repository software distributions out there so you might want to read up on it. It will take some technical skill to get up and running so keep that in mind before you really get into it.
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