How many miles does the tranny have? What is the service history of the trans?
Did you by chance flush it with high mileage?
My experience with these transmissions is they can last a very long time. What tends to doom them is infrequent fluid changes and pressure loss caused by a accumulator piston or worn separator plate...not just limiting symptoms to these two scenarios.
If the transmission is not slipping or flaring during shifts, I would check the wiring harness that connects to the trans, make sure nothing is broken.
If that checks out, and your fluid level is fine....check on level surface, trans hot, engine idling, I would then remove the pan and take a look.
My trans developed a 2-3 flare at about 165K miles, a check ball hammered it's way through the separator plate and I caught it early enough to avoid clutch damage.
I would check the filter, see what's laying in the pan. If you find some light silver residue that's somewhat normal if the pan hasn't been removed in awhile.
If the filter looks clogged, try a new filter and see what happens. If the filter pulls out with good resistance, and goes back in with resistance, then I wouldn't worry about the filter seal at this time. You can change it, but it's a slight pita but not that bad.
If you have over 150K miles, I would absolutely replace the separator plate. Get the plate from the dealer, it will be matched to the VIN and setup for your application....also, the new plates have the small filters in the plate as well as the gasket molded to the plate...much easier to replace when all in one.
If you did a flush on high mileage, then it sounds like you may have some material in some of your solenoids and/or valve body.
Hard to say without knowing more. I changed my separator plate, both shift solenoids, a couple of the accumulator pistons, and added the vette servo at about 165K, now it has 289K and the trans is still going....just my motor has an issue right now..lol.
Let us know.