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1. The 8% is paid only when the bill is realized, i.e. the client has paid. If the client asks for discount on the bill, then the partner may choose to cut your hours (and consequently, your bill share goes down).
2. No bill share is applicable or paid during the period of your probation but starts only after confirmation (6 months or whatever is told to you). You can negotiate this period to be shorter if you are a lateral hire.
3. Bill share varies from each team. The higher billing your partner, the better your billshare. Much better if the partner has foreign clients/matters (dollar billing mandates).
4. The partner/PA/SA may choose to rationalize the hours you have billed when the final invoice is prepared, so usually you do not get 8% of the total hours you actually spent.
5. In fixed fee mandates (without hourly billing), it is totally your partner’s discretion to allocate hours to each member working on the transaction.