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Round vs Square Pads
Round pads give a strong joint, this mattered less for leaded solder, but it is increasingly important for lead free pastes. Surface tension makes the solder prefer the ball shape and is supported by the circular pad. The square pad is weaker because the tension is unevenly distributed through the solder.
Pb vs no-Pb

Some CAD tools support only oblong rectangles and not rounded rectangle pad shapes which are recommended in IPC-7351 standard. In any case, oblong rectangle is still better than the squared one.
Rules for Rounded Rectangle:
Aperture Filling
Squeegee angle should be between 50 and 60. For smaller components, such as 0201 and 0420, paste type 6 (10 µm) and type 5 (15 - 25 µm) is better option.
Note: Source Yamaha Motor
Tombstoning of 0402
Mid-chip Solder Balls