Open the master cylinder and look into the reservoir and if the fluid is clear it's most likely OK... if not, bleed the system completely using about 1 - 1 1/2 qt of brake fluid...
We do it once a year when we do a brake inspection... we start with the longest line first, (RR, LR, RF, LF). Bleed until the fluid is clear...
When we install pads, usually in the 150 to 180K mile mark we open the bleeder, compress the piston and push the dirty fluid to the ground, install the pads and fill and bleed the system... at the same time if we see any damage to the boots that cover the pistons we pull the caliper and kit the caliper, dirt behind the boot will cause the piston to stick... and allow brake drag. .
If you see someone putting pads on your vehicle and they just compress the piston, pushing that fluid back to the master with all the dirt in the fluid make them stop and do the job correctly...
All current manuals I've ever seen give them time to flush and bleed the system, the short cut of just pushing the piston back is a short cut that leaves all the contaminated fluid in the system...
I agree with JMarketos, except for the pressure... I'm concerned about the plastic reservoir seeing the 8-10 lbs. . seems like a lot to me... When we had solid cast masters the suggested pressure in a ball type bleeder was no more than about 15 psi...
We do the same thing with the clutch master/slave by pulling the slave from the bell housing and compressing the slave by had, and yes we push this back to the master. Remember there's ABS system or the heat that the brakes see... . with the slave compressed will take a turkey baster and draw out all the fluid and than put more new fluid back in before we release the slave... .